TradingView
Ron-V
Nov 15, 2019 2:16 AM

Long Term Buy with nice EMA Crossover Long

The Trade Desk, Inc.NASDAQ

Description

This is one of The Motley Fools 5 weekly "Best Buy NOW" picks (remember their picks are for 3 to 5 year holds). I was looking at the moving averages even before I got the newsletter; and, it looks like a nice entry to me. Be patient on your entry to see where the doji goes and you may get a lower entry....god luck ;)
Comments
Ron-V
Basically when you see shorter moving averages crossing over longer moving averages it is interpreted as bullish price movement. The reverse is also true, when you see shorter moving averages crossing below longer moving averages it is interpreted as bearish. The same idea as the two lines found on the macd (I would suggest taking the free Basics Of Trading video course on Informed Trades youtube channel; look in their playlist).
NewTrader2019
Can you explain to me how you use the moving averages and what you see in them v
More