$ZEREBRO |Daily chart above MA200|MA200 0.03025
Before looking at fund flows, first understand moving averages.
On a daily chart, MA200 is the average closing price over the most recent 200 days and is often viewed as a reference line for the long-term direction; MA50 is commonly used to gauge the medium-term trend.
Whether trading volume increases when the price moves above or falls below a moving average is also used as a signal: a crossover without volume is often more likely to be just a temporary fluctuation.
The same reading can mean very different things in different market conditions, so don't apply any one rule blindly.
#ZEREBRO
Before looking at fund flows, first understand moving averages.
On a daily chart, MA200 is the average closing price over the most recent 200 days and is often viewed as a reference line for the long-term direction; MA50 is commonly used to gauge the medium-term trend.
Whether trading volume increases when the price moves above or falls below a moving average is also used as a signal: a crossover without volume is often more likely to be just a temporary fluctuation.
The same reading can mean very different things in different market conditions, so don't apply any one rule blindly.
#ZEREBRO