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Re: PayMEmf post# 150664

Thursday, 05/31/2018 11:08:51 AM

Thursday, May 31, 2018 11:08:51 AM

Post# of 232722
It basically says the price is moving up.

The more common 50 day and 200 Day moving averages are looked at in the same way. In that case we are still waiting for crossover. Because our long term price, which includes last year’s spike, is slow to move it gives a sense of a long-term trend, whereas the 20 or 50 day averages are more responsive to the current price.

Technical traders look at crossover events. Not good when short term averages fall below the long term - that happened to us last fall when we plunged.

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