Someone tried manipulate death cross, but.......
Some one tried pumping the money right at death cross to manipulate it, but I am affraid this would be fruitful.
Reason as I think : Death Cross is characterized by 200 MA & 50 MA
So in order to be really effective overcoming the death cross, one need to be able to pump the money for at-least 50 days, so that the 50 MA going down immediately after death cross can be reversed.
Let us see what happens, I may be wrong but I chose to wait and see how the 50 MA line moves after death cross.
Not a financial advise, please do your own research before investing
Reason as I think : Death Cross is characterized by 200 MA & 50 MA
So in order to be really effective overcoming the death cross, one need to be able to pump the money for at-least 50 days, so that the 50 MA going down immediately after death cross can be reversed.
Let us see what happens, I may be wrong but I chose to wait and see how the 50 MA line moves after death cross.
Not a financial advise, please do your own research before investing
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.