An up rally will continue till the priceline cuts the SMA 34 line in 1 month chart from above.
A down rally will continue till the priceline cuts the SMA 34 line in 1 month chart from below.
After that, the priceline may again cross back the SMA 34 line but the bulk of the rally is done. Also, the rally is definitely not over till SMA 34 line is cut!
No comments:
Post a Comment