dtingbudong

Short the 50 Day EMA Backtest

Short
NASDAQ:VRNT   Verint Systems Inc
VRNT has fallen below the 50 day EMA and is retesting it on low volume and weak volume-based indicators ( CMF , MFI , etc); it is a classic short from here with the SPY possibly topping soon.
Trade active
Comment: It almost knicked my stop loss at 47.63 today. But the trade is still in scope as of now.