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They are 10 days ,30 days ,55 days ,100 days , n 200 days moving averages .Now only the 200days MA is above all the other MA , but the price has just crossed the 200 days MA recently .
wah lau, so complicated... can reveal which are the MA you toking about ?
The daily chart of mermaid is forming a U-shape base bottom ,and the volume is increasing when the price is moving upward ,it will cover the gap at 80 cents after reaching the short term target at 70 cents eventually .By the time all its moving averages will meet and form a GOLDEN-CROSS which means the starting of the bull run for this counter .
