If by following, you mean watching it run away from me, then yes I have :)
Never too late to have a closer look at fundamentals and that's what I'm doing now.
I do like the 34 day EMA as an important area of support and consolidation and I use the 13 day/34 day crossover as an indication of a possible change of trend.
In a strong uptrend I use the 13 EMA as an indicator that the trend is intact and then on the retrace I watch for support/crossover on the 34 EMA.
When I get bullish reversal candle patterns near the 34 EMA then I watch closely for a bounce.
Obviously today will be a tough day here following the US weakness on Friday and I'm being cautious with new positions.
Cheers
HRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
