Here is my follow up on the Bearish MATIC analysis.
On this Daily Chart, there is momentum candlestick that break above the Daily Upper Band. The key is there is no Extreme Momentum shown during the break. (Which is the 5/10 High MA break the Upper Band. This tell us that the Bullish Momentum is still VALID.
You can Buy using Cost Averaging at MID BB and if the price goes down, Buy more around the 50 EMA Zone.
On this Daily Chart, there is momentum candlestick that break above the Daily Upper Band. The key is there is no Extreme Momentum shown during the break. (Which is the 5/10 High MA break the Upper Band. This tell us that the Bullish Momentum is still VALID.
You can Buy using Cost Averaging at MID BB and if the price goes down, Buy more around the 50 EMA Zone.
