This is part 1 of a 2 part series.
Originally I posted the weekly 200 day moving average, and while I questioned a "bottom", I mentioned it was, at a minimum, good for a bounce. So far, that's been the case, but I believe the 233 has more significance than that of the 200, and you'll see it also in the weekly chart.
I believe the simple moving average starts in the daily chart, and then translates over to the weekly and eventually monthly, however; it's important to remember that in order for that to happen price needs a lot of time.
Anyhow, notice the significant touches on the daily, and then let's continue to the weekly.
Originally I posted the weekly 200 day moving average, and while I questioned a "bottom", I mentioned it was, at a minimum, good for a bounce. So far, that's been the case, but I believe the 233 has more significance than that of the 200, and you'll see it also in the weekly chart.
I believe the simple moving average starts in the daily chart, and then translates over to the weekly and eventually monthly, however; it's important to remember that in order for that to happen price needs a lot of time.
Anyhow, notice the significant touches on the daily, and then let's continue to the weekly.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.