Gravity GRVY Nasday testing EMA50 support line
Gravity GRVY Nasday testing EMA50 support line Gravity (GRVY:Nasdaq) is testing EMA(50) support line today. RSI(14) is below 50, so I will wait till RSI(14) moves above the 50 line. When the price stays above the EMA(50) line and RSI(14) moves above RSI(14) line, then we have a bullish signal. Let's see what happens Another scenario is a break of EMA50 line. Then we might see the price fall to EMA100 line - see image 2 below. Scenario 1, price test EMA50 Gravity GRVY Nasday testing EMA50 support line chart Scenario 2, price test EMA100 In case the price fall below EMA50 line, then we are in a bearish market. It means, that we might see a fall in price down to 150-160 area. Read the full article
