Joeshmoguy

REQ in similar situation as INS

BINANCE:REQETH   None
REQ is looking a lot like INS right now with the 50ma and 200ma touching (have not crossed yet, and either has INS). Perhaps, they will both keep moving sideways out of these descending triangles and then break up avoiding a cross completely. Personally, I would prefer to see a cross, brief consolidation, and then have some awesome entry points for nice gains. Testing resistance and the upper part of this bull pennant right now. Will keep an eye on it.
Penafian

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