Loading ...Yup 50 day Av is as good as any place….seems to me that they go into panic mode, to save the SM after 1 bad day…
Which is just crazy…but the way it is trading today, there is huge selling around, which hasn’t stopped after 1 st hour, as it would if it was institutions, as they ten to trade 1st and last hrs, to get near the days Av.
This looks like major dumping and the Rig/scum are the only buyers and this is the start of a new month/quarter/year…there shud be a ton of buying.