Replies to post #16 on 60 EMA Bounce's (60EMA)

[Bernard Ng]

Hi DC, I'm more interested in how to compute the so called "support" under normal circumstances. However, I don't know how many stocks can really fit in that 60EMA volume line... could it be 5000 stocks? Or just a few? Maybe some kind of real technical reasons (at least mathematically speaking) are behind this wrong support line. If we can figure it out, it could be helpful in developing some quantitative trading strategies.