FB EMAS Update

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On March 8, I wrote that price would find it hard to break 12301. Boy was I wrong. I got the first part right where price was overbought and would retrace. What I over estimate was the power of the EMAS bull. When price opened above my 12301 and treated it as support, it becomes a new area of support and an area which I will keep my on closely from now onward.