WAT 100MA Bounce

By Bixley
Price has experienced in the past a strong bounce off the 100MA
A similar situation is evolving right now

My question is will we see a large rise following this area in green? As was seen in the prior situation

Perhaps the sharp rise in prior sense was seen due to the relative age of the stock price
Technical IndicatorsnyseTrend AnalysisWAT

Disclaimer