LOL, in other words, the trend is your friend until the bend at the end, which also holds true for a series of impulse waves, making up the trend. Anyway you googled well and out of the result you made what agrees with your position.
BTW, you seem to have failed to followed your ”trusty never fail trading system” once again. The 9 EMA did cross the 20 SMA and you are still holding. While you push for everyone to follow your “trusty never fail system” you keep on ignoring its buy and sell signals constantly. I wonder, if it you or your system that lags credibility and will you stop promoting it, pushing others to follow it?
Anyway there must be another explanation why in this case you didn’t sell, I wonder what it is this time around?
EVN chart, page-640
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 (20min delay)
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Last
$4.64 |
Change
0.120(2.65%) |
Mkt cap ! $9.229B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.64 | $4.54 | $43.61M | 9.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10522 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 137469 | 17 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |