crossing EMA (short)

Stock was holding both EMA20 and EMA50 as it's support area. Then it broke down the support level and then EMA20 and EMA50 has crossed, it's the sign of opening a short position, now it's retesting the crossed area and I think the stock will drop until the next support which is EMA200. GOOD RISK/REWARD RATIO.
Beyond Technical AnalysisTechnical Indicators

免責事項