Sentences with phrase «shakeout below»

After three shakeouts below the 50 - day moving average (on 3/22, 4/5, and 4/15), $ THD has reclaimed the 50 - day MA and is poised to break out above the short - term downtrend line of the consolidation.

Not exact matches

We also set a protective sell stop just below the 20 - day EMA, minus some «wiggle room» to avoid a shakeout.

If the move below the 20 - EMA was just a minor shakeout, then the price action should reclaim the 20 - period EMA within a few hours to a few days, or at the very least set a higher swing low below the 20 - EMA.

For example, a break below the 20 - EMA, followed by sideways price action, and then a return back above the 20 - EMA (while it trends sideways) is merely a shakeout that should not bother a trader who is seeking bigger gains with a longer holding period.