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stay tuned macrae - its called a retracement and part of the...

  1. 5,784 Posts.
    stay tuned macrae - its called a retracement and part of the uptrend. Now retraced to 13 week ema - quite a common occurance and not uncommon to retrace to 26 week ema and still be a strong uptrend intact. All depends on your timeframe - the big money is made on long term trends and this looks like one to me as only back to a 13 week ema and I rarely buy above that point ;-)
 
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