Showing posts with label trending memes. Show all posts
Showing posts with label trending memes. Show all posts
Thursday, 4 July 2024
Google Trends : Why is What is Power trending n
Google Trends: Why is What is Power trending now...
Here are some reasons why power trends are important ¹:
- A Power Trend is a stronger than usual uptrend.
- Knowing when a Power Trend is happening can be helpful for gauging how aggressive you should be with trades.
- A Power Trend starts when the low is above the 21-day Exponential Moving Average (EMA) for at least 10 days, the 21-day EMA is above the 50-day Simple Moving Average (SMA) for at least five days, the 50-day SMA is in an uptrend and there's an upswing at the close of the day.
- A Power Trend ends when the 21-day EMA crosses under the 50-day SMA or when the close is 10% below a recent high and below the 50-day SMA.
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