the previous high and price being above the sma line. a) what if when i look at the chart and the price is already above the sma line and above the previous high? should i get in? b) what if the price is above the sma but below the previous high? should i wait for it to break previous high before i get in? c) price breaks previous high but still stays below the sma. i should wait for it to break above the sma line too, right?
i would be very grateful if you could answer these. 