Wide trading range today. There are those who follow the weather, there are those who follow the blogs, there are those who follow the technica's. Which ever you use , I pay attention to levels . Above the 200 DMA I will add.
50DMA , close enuf........ A break above the 200 DMA is normally viewed as a positive signal of momentum and some consider it a long term buy signal.. I have a horizontal trend line drawn @ about 20-.20. That was breached back in Oct and that was my entry and add point going long.
Naturally this is my opinion but I have read enough of your posts to know you consider several views upon which to predicate your trades.I