NZX 50 price bouncing back between 50 and 200 EMA.
Similarish Market recovery shown in May - July 2009. Price bouncing back and fourth between 50 and 200 EMA before crossing above 200 EMA.
As country finally recovering soon moving back to level 2 alert high hopes.
Going long at breakout above would be good.
As country finally recovering soon moving back to level 2 alert high hopes.
Going long at breakout above would be good.
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.