正文
ie, short term MA is up-crossing longer term MAs,
the huge volume in early Oct turned out to be resistence, not unexpected,
today's retreat to 38-39 was a pretty good buying buying time for mid term... if you look 10 day hour chart, that's exactly the 27EMA line (I normally use 9/18/27 EMA)
my guess is that no small short is willing to hold positions through Friday since no one knows when the news will hit, but obviously some big funds still on the short side, determined to make an ordered retreat, if any,
still I believe things will take care themselves at the end,
the huge volume in early Oct turned out to be resistence, not unexpected,
today's retreat to 38-39 was a pretty good buying buying time for mid term... if you look 10 day hour chart, that's exactly the 27EMA line (I normally use 9/18/27 EMA)
my guess is that no small short is willing to hold positions through Friday since no one knows when the news will hit, but obviously some big funds still on the short side, determined to make an ordered retreat, if any,
still I believe things will take care themselves at the end,
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