Moving Averages is one of the simplest approach that anyone can use in stock market to be successful. It is one of the simpliest and it cuts all the noise. The problem with this approach is that it isnt complicated , hence people not tend to follow this system.
The lesser the indicators , the more simplier the strategy , the better would be the result.
One Point - as you can see is near the 20 and 30 Week Moving Average
It should reverse from here and continue its uptrend