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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by OilSandSamon Jul 18, 2007 9:41pm
306 Views
Post# 13113134

TA question/Gabe/matt/hal

TA question/Gabe/matt/halOkay, we have an inverse H&S (a short one) inside another possible H&S that may be forming. The smaller H&S is under the 50 day moving average, which is positive for this pattern. Now this next one that may be forming would be above the 50 day moving average, but if you use the 200 day average for it, the shoulders would be just above it. Is the second one over a long enough period of time to use the 200 day average? What do you think of the two together? Thanks.
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