Update on 20 and 50 day SMA's crossing 200 day SMA
Update from the last time I posted this a few days ago. It looks as though the dates of the crossings haven't changed at all and we are still on track for crossings of the 200 day SMA by the 20 and 50 day SMA's on April 11th and April 17th, respectively. If the price breaks up, we will probably be looking to break the resistance at $180, and from there $210. If it breaks down, we will test the support zone at $140.
I personally believe it will break up and we will see resistance at the $180 level before rebounding down to the $165 or lower, and then heading north the $210 resistance within the next 30 days or so.
DYOR.
I personally believe it will break up and we will see resistance at the $180 level before rebounding down to the $165 or lower, and then heading north the $210 resistance within the next 30 days or so.
DYOR.
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