Discover how to use a basic moving average to validate established patterns, in addition to the benefits and drawbacks of applying it to various time frames.
A clear view of a stock's pattern can help investors decide when to buy, sell, or hold a position. However, identifying trends can be hard. Some specialists utilize a sign called an easy moving average to verify established patterns.
See to find out more about this tool– what it does, how it's computed, and the pros and cons of using it to different timespan.
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Stock Trading: Moving Averages
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