Short the 50 Day EMA Backtest
Updated
VRNT has fallen below the 50 day EMA and is retesting it on low volume and weak volume-based indicators (CMF, MFI, etc); it is a classic short from here with the SPY possibly topping soon.
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Comment
It almost knicked my stop loss at 47.63 today. But the trade is still in scope as of now. Disclaimer
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