Moving averages color coded:
50-Day (Red)
100-Day (Yellow)
200-Day (Green)
All serving as indicators of current trends in price action. Short/Mid/Long term.
Upward rebound off of 200 day EMA a good sign for investors, reassuring belief that we are experiencing a healthy correction and will see upward movement in price action to come soon. Positive fundamental signals concerning SEC/CDIC regulation in the U.S. as well as regulation abroad (India/South Korea/China) seem to support this movement.
50-Day (Red)
100-Day (Yellow)
200-Day (Green)
All serving as indicators of current trends in price action. Short/Mid/Long term.
Upward rebound off of 200 day EMA a good sign for investors, reassuring belief that we are experiencing a healthy correction and will see upward movement in price action to come soon. Positive fundamental signals concerning SEC/CDIC regulation in the U.S. as well as regulation abroad (India/South Korea/China) seem to support this movement.