Supermx. “Why” its stock price having “high probability “ @ multi years “bottom”?! The “answer” lie within this “bunches of” ema crossover! BUT it’s not “a simple” so called ema’s crossover / ema’s act as support/resistance “ strategies. You got to “see/check” stock’s price “whole pic” from yearly to 1 min chart..It might take you > 10 years / 10k hours to find the answer as I did. EMA is the ONLY indicator I still keep it now to “confirm my entries on the empty right space of any chart” after “trial and error/ back testing,super” few hundreds even thousand indicators/system. You probably won’t see my past analysis with “bunch of ema’s” because it “look messy” as “most expert traders” will tell you try to keep your chart “ as simple as possible “..But to be honest there is nothing is “simple” chart in trading. As a “simple ema system” is not just a “simple” ema crossover/support/resistance strategies”... Those “master traders” said so because only they have tried hundreds if not indicators but system only they could come into “zen / zone” stage by “throwing” unnecessary staffs. But novice will learn the piece by piece only by reading “simple chart”..Tips : Always try to “discover” with why/ how.. As human’s most “inventions” get inspired by “discovery/ explorations” ..To have “discover” new things Once a while we need to break the rules. E.g. The world “most laws/rule/standards protocols” is set by westerners so to have “innovative ideas” we must “break their rules” once a while as they break their own ancestors’s “rules”..
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