Watch closely. Daily candle closed under the 21 day moving average. Then popped back up today with a green engulfing candle in the daily chart.
Wiki needs to close over the MA to confirm but does look like Wiki is doing so now. Seems like a good point to enter this trade, however, without a green candle close above the 21-day MA and preferably a 2nd daily green confirmation candle above, I would be cautious to commit to this one. Wiki moves fast so keep an eye on it. Last time it did a similar formation it shot up.
This is NOT investment advice and you could lose your shirt if you listen to what I say!
Wiki needs to close over the MA to confirm but does look like Wiki is doing so now. Seems like a good point to enter this trade, however, without a green candle close above the 21-day MA and preferably a 2nd daily green confirmation candle above, I would be cautious to commit to this one. Wiki moves fast so keep an eye on it. Last time it did a similar formation it shot up.
This is NOT investment advice and you could lose your shirt if you listen to what I say!
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