$NEAR, easy invalidation on an asset with relative strength
Your job as a trader is to find assets with RELATIVE STRENGTH to this downward trend (if you're long).
NEAR fits that description, for a simple reason: It's at support on the OBV, right above the daily MA200 and the MA200 is pointing up.
This means that not only is the asset still bullish, it also has a significant edge in your favor: EASY INVALIDATION OF A CLOSE BELOW THE MA200.
Thought to find these opportunities in this market. This is a gift. Enjoy!
NEAR fits that description, for a simple reason: It's at support on the OBV, right above the daily MA200 and the MA200 is pointing up.This means that not only is the asset still bullish, it also has a significant edge in your favor: EASY INVALIDATION OF A CLOSE BELOW THE MA200.
Thought to find these opportunities in this market. This is a gift. Enjoy!
Penafian
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