Any of you guys good with moving averages????
Someone posted this yesterday RE QMNM on Yahoo
Crossed 10 moving average 23-Jul-08 10:22 am 10 day moving average at .0210
50 day moving average moving closer towards crossing the 200 day moving average. Extremely
bullish sign.
5 comments:
Well I know that when 50 crosses above 200 (to the upside) it's bullish. :)
As far as 10 - didn't understand the statement poster made about the 10/10day? What's the 10 day crossing??
The first time "10" shows up is the title, sorry thats how I copied it. He said the 10 day moving average was crossed yesterday at .021
Funny, thats the part I understood!!
50 is almost crossing the 200 to the upside (just charted it)...
Oh - ok...so he's saying that 10day SMA crossed yesterday...got it.
I know some T/A but nothing about 10day...
Awesome, and thats bullish right??
Bids are flying early here!!! Awesome sign.
Yes 50 crossing 200 northwards is bullish.
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