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Victor_NZ

NZX 50 price bouncing back between 50 and 200 EMA.

Long
NZX 50 INDEX (TVC:NZ50G)  
Victor_NZ  
TVC:NZ50G   NZX 50 INDEX
Chart Patterns Moving Averages recovery nzx50
4
1
chartpattern movingaverage recovery nzx50
Similarish Market recovery shown in May - July 2009. Price bouncing back and fourth between 50 and 200 EMA before crossing above 200 EMA.
As country finally recovering soon moving back to level 2 alert high hopes.
Going long at breakout above would be good.

snapshot

snapshot


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