Today is May 12th, and it is also the first day of the new weekly line. From the chart, we can see that the MA120 weekly moving average is a trend line; if it breaks through, it reverses, and if it cannot break through, it rebounds.
Today's MA120 weekly moving average corresponds to a price of $2455. Currently, on the first day of the new weekly line, it is temporarily above $2455, so we can assume a breakthrough and a potential reversal. On May 19th, we will check whether we can stay above the MA120 weekly moving average to confirm if it is indeed a breakthrough.
