Peaking above the cloud for the first time in ~6months
Hi All
Price action was (obviously) moving sideways for the last ~4 months.
on the daily TF, the PA is "trying" to break and stay above the cloud (which is a bullish signa) for the first time since April 2022
What do you think?
Is the move sustainable?
Holding 20K+ while the NAS and S&P are dumping is a good sign.
THnx
Jad
Price action was (obviously) moving sideways for the last ~4 months.
on the daily TF, the PA is "trying" to break and stay above the cloud (which is a bullish signa) for the first time since April 2022
What do you think?
Is the move sustainable?
Holding 20K+ while the NAS and S&P are dumping is a good sign.
THnx
Jad
Note
strong close above the cloudNote
might wick down / test this "trend line"Note
will it hold?Note
Note
still holding
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.