Price action is holding MA 20 line (Moving Average) on MAY-27 at $140 and also holding JUNE-5 at $150
Most of the time, having these SIMPLE BASICS of what is the Dynamic Support Levels ( DSL ) based on Moving average lines is ALL what we need when panic hits such as MAY-27 and JUNE-5
On those days , keeping clam and holding the positions ( or starting new BUY positions if not holding already) is what is needed knowing these DSL .
Here MA 20 is part of Bollinder bands ( no separate MA 20 required)
Most of the time, having these SIMPLE BASICS of what is the Dynamic Support Levels ( DSL ) based on Moving average lines is ALL what we need when panic hits such as MAY-27 and JUNE-5
On those days , keeping clam and holding the positions ( or starting new BUY positions if not holding already) is what is needed knowing these DSL .
Here MA 20 is part of Bollinder bands ( no separate MA 20 required)