NTDOY crushing through the MA's
Updated
I like the switch. I never liked the Wii much. Not that that carries any weight, it's just what got me looking at this chart.
So it's been on a decline for awhile. The past month has seen a shift towards bullishness.
What I like particularly in recent developments is the way it crushed through a 200MA, 50MA and 9MA on high buy volume against low sell volume. We've only timidly approached that 200MA a few times over the past year. This would appear different. I've got my eye on 38 here at the moment.
So it's been on a decline for awhile. The past month has seen a shift towards bullishness.
What I like particularly in recent developments is the way it crushed through a 200MA, 50MA and 9MA on high buy volume against low sell volume. We've only timidly approached that 200MA a few times over the past year. This would appear different. I've got my eye on 38 here at the moment.
Trade active
Satisfying movement today. Volume looks great. I moved my stop up around the 35 level, but that may be too high, honestly. Faltering a little on weak resistance at the midpoint of my channel.Trade active
Cool. We hit 38. My better judgement tells me to get off here as we trace the high side of my channel. Maybe reduce the position and tighten the stop.Trade closed: target reached
Shooting star on the hourly. Gross. I'm out.
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