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Thursday, June 6, 2024

Miner Buy Signal

The Miners found support at the rising 50 day MA on Wednesday and formed a swing low on Thursday, closing above the 10 day MA. The Miners printed their lowest point on day 29, placing them in their timing band for a DCL. The Miners are curr…
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Miner Buy Signal

likesmoneystudies

June 6

The Miners found support at the rising 50 day MA on Wednesday and formed a swing low on Thursday, closing above the 10 day MA.

The Miners printed their lowest point on day 29, placing them in their timing band for a DCL. The Miners are currently in a daily uptrend. Forming a swing low and a closing back above the 10 day MA indicates a continuation of its daily uptrend and signals a cycle band buy signal. So we will label day 29 as the DCL. 

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at June 06, 2024
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