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Silicon Motion Technology Corp. Message Board

  • livermore1929 livermore1929 Mar 14, 2012 5:46 PM Flag

    When the 13 EMA crosses the 50, boom.

    That's when it will pop up on a whole bunch of screens, for now all the shorts are starting to cover and we will get a positive feednack loop to the upside.

    That would be the bargain hunters, the momo crowd and the short coverings, and short stops will also be taken out on the upside move.

    TA has a crazy logic that is all its own, ultimately however the fundamentals will win, as always.

24.11+1.340(+5.88%)Dec 17 4:00 PMEST

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