The Powerful Simplicity and Behavior of Moving Averages.
Beyond the normal definition and calculation of Moving Averages, they filter out the noise, show direction, strength, and volatility. My faster ema9 and ema19, the two green lines and light green fill, are faster and more responsive to the noise of the time frame. While my slower ema50,...
We have this REITS in an uptrend. Closing to a support moving average. Th OBV is also in an uptrend.
Yesterday we saw the prices crossing above the lower envelope of 5% from the moving average. This a buy signal for me. With my stop below the last low. and target in the upper envelope.