Meaningful signals are arguing for buying and short selling....gotta be neutral
nice run up, but will eventually need the 50 and 200ma to catch up,or be a retest.
This one has higher highs and higher lows and may have completed it's retracement.
Looks like one more indicator to go before I would risk a short term trade
Yeh....if it starts to us the 20ma as support then it may go up.
I think it's important to look at historical data. I think this one is a short sell opportunity, but I could be completely out to lunch too. Safe trading
And also a pattern of bouncing/retracing to the 20ma over the past few months.
Cool stuff, a real treat to watch stocks climb with strength.
Sort of set my screener up to look for this type of setup. Still learning, but still unsure. I believe that this particular equity could be making a move up,but, this is merely an opinion, and not financial advice. Any thoughts on what is correctly assumed or incorrectly assumed in my comments on the chart would be super appreciated! Cheers!
This one may have potential, to reach up to the 200MA, but for the next while,it may bounce off the 20ma,then perhaps dip to the 50, as it finds its way up (I think) this theory could be terribly wrong as well :) Safe and happy trading!
Pretty sure this one is just going to drift around the averages for a little while....
Patterns often repeat themselves, but its up to a trader to accept the risk to chase reward. Could be ready to pop....or could be ready to drop
Not sure but I would wait on this one, I think. Might be in for a short run up.
Looks like there is still some steam left in this one, but overall, the trend is lower, but could be a short term long.
I think it'sclimbing to the 200ma, then retracing as the moving averages "catch up" to price