Now to cull the herd.A close under the 65 ema and they're...

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    Now to cull the herd.
    A close under the 65 ema and they're scratched? Maybe two under? I'm thinking a close under the 65 breaks the momentum that we are looking for in these trades.
    What do you reckon @W3hunter?

    Take MKR for example. Skating along the 65 with a couple of closes lower, however this action tends to break down the weekly MACD momentum. Could well turn up at any time, however, is this an optimal setup?

    https://hotcopper.com.au/data/attachments/6105/6105657-8fcaf44eab637be9b3f273f46b8480b2.jpg

 
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