PEN 4.76% 10.0¢ peninsula energy limited

there is movement., page-34

  1. 6,770 Posts.
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    Hi Dolphin,
    Thankyou for your explaination on charts, excuse my ignorance as I am trying to get my head around reading charts.
    The fast EMA,30 day crossed over the slower EMA 50day around mid Feb on a volume day of approx 12 mill, this is an indicator for the SP push higher (correct?)It wasn't until we had continuous high volume that the price moved

    Why is the 50 crossing over the 200 more significant?


    cheers
 
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