the 200 day ema has called all 2022 TOPDS - now again
In general, the 50- and 200-day EMAs are used as indicators for long-term trends. When a stock price crosses its 200-day moving average, it is a technical signal that a reversal has occurred. Traders who employ technical analysis find moving averages very useful and insightful when applied correctly.
****** VOLUME DROP OFF THE HIGHER SHE GOES
******* STOCHASTIC CALLS IT WAY OVERBOUGHT
HOPIUM - on slower rate hikes may prove to be premature when next CPI and FOMC meeting takes place in 2 weeks....
In general, the 50- and 200-day EMAs are used as indicators for long-term trends. When a stock price crosses its 200-day moving average, it is a technical signal that a reversal has occurred. Traders who employ technical analysis find moving averages very useful and insightful when applied correctly.
****** VOLUME DROP OFF THE HIGHER SHE GOES
******* STOCHASTIC CALLS IT WAY OVERBOUGHT
HOPIUM - on slower rate hikes may prove to be premature when next CPI and FOMC meeting takes place in 2 weeks....
