- Last couple of days, price held 60 VMA and formed a nice looking flag.Bid above that level lit fire and price moved in a textbook flag breakout fashion.
- Human urge to buy low and sell high is quite counterproductive to how practical trading is...one must buy high and sell higher. That's why key indicators like 50, 100, 200 DMA, MACD crossover or golden cross yield better results compared to catching absolutely lowest price.
