price fluctuating below then above your longer term ema line is more likely than not a prediction
based on previous data you can predict with very high probability that if price dropped sharply below ema it will very likely rebound either to or above ema line because based on the history of every single stock the price tends to fluctuate around the longer term ema line.
so when i see a sharp spike i can predict that the price will collapse after it peaks with higher probability of it continuing to go up.
same forprice crashing sharply. and then rebound . being overbought and oversold.
similar to when rubber band
based on previous data you can predict with very high probability that if price dropped sharply below ema it will very likely rebound either to or above ema line because based on the history of every single stock the price tends to fluctuate around the longer term ema line.
so when i see a sharp spike i can predict that the price will collapse after it peaks with higher probability of it continuing to go up.
same forprice crashing sharply. and then rebound . being overbought and oversold.
similar to when rubber band