mangup - Yes just to correct a little bit I use 18 day to only see if the stock is not overbought. If a stock is too far up from 18 day average I prefer not to enter as per my discipline. Rest all are correct interpretations.
As far as MA setup is concerned I only use them to confirm breakouts and pattern maturity.
As far as MA setup is concerned I only use them to confirm breakouts and pattern maturity.
Can u pl explain with some eg on the chart this MA croosover trades?