ASX target $7 with (MA,2) crossing (MA,19)
ASXAs the 2 days moving average is crossing the 19 days moving average, which shows it's good timing to catch the momentum.
Moreover, when we look into the regression with 1.96 S.D., that's represent the 95% confidence interval.
Which the current price is suitable to go in.
My target: $7
Profit taking: when 2 days moving average is falling below the 19 days moving average
Stop loss: $6
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