MA still riding the top of the channel but as history shows, there’s usually a price to be paid for fighting the inevitable pull of gravity back to the bottom of the channel and the longer MA fights it, the more painful the punishment. both an active trade and set-ups as MA still provides an objective short entry at the top of the channel and has not been stopped out yet since it is still only less than 6% above the first tag of the top of the channel (vs. a downside first target of approximately 18%..the bottom of the channel).
