bart simpson?

is it possible we bart up, instead of breaking down? if we take a look at the 150 week moving average(Blue) it has held strong for about 6 weeks, and we have not broken through. now we are seeing selling pressure bottoming out on the weekly RSI. meanwhile the Stoch RSI has been trednding upwards with support coming in and pushing the price out of the oversold region. typically there is a bounce up after a oversold period, leading me to believe this scenario will likely play out. but we will not break through the resistance of the 25 week moving average(Red) on this move. we will keep oscillating between the 25 week and the 150 week moving average, until we finally have a breakout out the of the massive bullflag that we have formed.

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تعليق:

so everything worked out as expected we had a massive run, but will we finally break the bearish sentiment we have to analyze the weekly chart for that. now the weekly chart indicators are looking semi bullish. the rsi, stock rsi, and the cci are facing their bullish crosses. but be ready for a possible fake-out and retest of the 25 day moving avg before we finally break through decisively.