To The Moon

Nasdaq (+1.9%) reversed back from the EMA10 and cleared the Thursday high. The volumes are decreasing in the last 5 days, this might indicate an acceptance of the price between buyers and sellers. A price above the SMA200 will increase the chances for a bullish run. SP-500 advanced by 0.81% yesterday from ~SMA200 to the old short-term resistance. A move above last Tuesday's high might indicate a resuming uptrend. ATR is declining and volumes are below average, good values for this handle in forming (notice the cup and handle pattern). In the news Twitter shares closed up 28.54% after Elon Musk takes a 9% stake in the social media company. The Biden administration warned that Russian forces are expected to intensify their military operations in Ukraine. Porsche Sales Sink 25% in the U.