IMUGENE CHART. TA only, page-29008

Haha speaking of 200ema's. Remember all the talk re "golden crosses". After all that we still didn't get on and check out how the 50ema rose right up to the 200ema and now is just paralleling. Poor old IMU can't take a break!

click on chart to expand.


Goldy, I don't have an issue, you came on a little strong regarding how the 200 was so important to traders, not investors, traders. I work in a couple of serious trading groups and I could count on one hand how many times a month a 200 gets mentioned but yes we all look at things differently and thank God we do.
I'm not in any way diminishing the importance of the 200 and it's one of the first indicators I look at when doing a review of a new stock to determine whether momentum is bullish or bearish but once that's done meh, never comes into our minds.

I'm still pleased you made bank as that is the ONLY reason to enter a stock and once buying indicators appear again you could have another go if you see fit. But when you look at these below, it ain't doing anything yet.



Short/ hedge positions.


Hey Goldy, on my sector charts the 50/200 combo is all I ever have as I find it extremely important to overall sectors. There you go.
I like the way the sector came back and tested support and bounced.



Cheers.