Trading Up-Close: SMA vs EMA
Moving averages are technical indications traders can use to track stock cost levels in time. The fundamental concept is that looking at how a stock's typical price has actually changed over a particular variety of days can reveal you if it has actually been trending higher, lower or simply moving sideways. You can also use moving averages to recognize support and resistance levels to support other trading strategies. 2 typical moving averages are basic moving averages (SMA) and rapid moving averages (EMA). Each has its strengths and weaknesses. Which one you use…
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