Seems reas..... I used to feel 150's crossing 200's acted as quite a useful indicator..... And here one can see that it's combined with a resistance breakout so........she COULD just keep on climbing. https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=crox&x=32&y=15&time=100&startdate=1%2F4%2F2019&enddate=8%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=+150++200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11 On the other hand though, shortly after such crossovers, a significant reversal ensued. So, maybe it's NOT such a helpful indicator....... Whenever the 150 crosses the 200 ?........Price quickly reverses direction THAT would be implying that it's a SHORT right here !....... * AT $155-ish it's gonna be a fun chart to watch I think . .
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