BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

In my experience, usually when a stock closes below the EMA10,...

  1. 599 Posts.
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    In my experience, usually when a stock closes below the EMA10, it will retrace to the EMA20/EMA21.

    Should it not find support, they can then run back to the SMA50.

    The fact this closed below the EMA10 on the daily, then ripped back up looks really bullish to me.
 
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