The Rolling ball theory. This illustrates a perfect example of the theory. The white ball has to be stopped before it can go up. LBC wants to break out but it has to stop that ball from rolling over it. If the 231 MA crosses the 77 MA than we are in for a long and probably lost book return. My analogies keep getting worst. LOL
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.