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>> No.22142790 [View]
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22142790

what does /smg/ think of the 20/50/200 EMA's on larger time frames?

sometimes i look at them and think "damn if i just bought at/near one of them look at how much money i could have made..." but sometimes i worry that it won't work even though i've seen it work so many times. could even DCA through them potentially.

heard jared from livetraders say "the only indicator i respect is the 200 EMA on the daily and 1h timeframe" so i've been looking at the 20/50/200 on those timeframes in tech recently, you guys might want to take a look. AAPL more or less bounced off the 1h 50 EMA today for example, penetrated through a bit but recovered, didn't get to the 200. i think the anon talking about using 12x-16x ATR from the 200 as a sell signal was pretty spot-on too.

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