EMA 200 days
Price trading below EMA 200 days = Long Term Downtrend movement until it is evidently proven price action reversed back up above the EMA 200 days. Price trading above EMA 200 days = Long Term Uptrend movement until it is evidently proven price action reversed back down below the EMA 200 days.
Holding onto a Long Term Downtrend stock = making losses in the long run
Holding onto a Long Term Uptrend stock = making profits in the long run
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TFM Eagle Eye Newsletter Issue #300
(Release date: 10.09.2018)