Once we go above the 150 day Smoothing Mechanism, history shows that we will stay above it for 9 months. $8.78 and falling one or two cents per day. Blue Sky above that. Hope we blow though it this week.
First of all, you use the 5EMA and the 20EMA together to inform you when to get in and out of a stock for the short term. You use the 50EMA and the 200EMA to inform you when to get in and out of a stock for the long term.
<<<Blew by the 50 day smoothing mechanism. 100 day is fast approaching at 8.70 and 200 day to follow in the low 9's. >>>