1. From a long-term perspective, MA50 is still trending downward. The current price is around 2060, just oscillating, and cannot be considered a long-term bullish signal!
2. Yesterday's increase should not be seen as a trend reversal. In other words, yesterday's rise was just oscillation and does not mean the decline has ended.
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1. From a long-term perspective, MA50 is still trending downward. The current price is around 2060, just oscillating, and cannot be considered a long-term bullish signal!
2. Yesterday's increase should not be seen as a trend reversal. In other words, yesterday's rise was just oscillation and does not mean the decline has ended.