Jun. 21 at 9:29 PM
In a strong trend, the weekly 8 EMA really does act like a “magnet” zone where price often resets before continuing higher.
$BE just gave a clean example of that — perfect touch of the level, quick reaction, and now pushing into new highs. That’s classic trend behavior: dip into strength, then continuation.
What stands out is how many names are starting to behave the same way into this summer — shallow pullbacks, quick reclaim, and no real breakdown in structure.
It’s not about catching bottoms here. It’s about staying with stocks that keep respecting that 8-week EMA and trending cleanly.
