The 21 EMA
looks like its about to cross the 50 EMA
on this daily GOOG
chart. I'm wondering about a long move in GOOG
, but since I'm looking for a bigger move (rather than a scalp type trade) I will wait for the trend to re-emerge before I place a trade. The crossing of the EMA
is an early indication that GOOG
might be moving back up but it's too early to tell.