You can find a moving average of arbitrary type (simple, exponential, weighted, etc) and length to support your position. Moving averages should only be used to determine trends, not support & resistance
Indie trader & market technician. Sharing opinions. Study intermarket analysis and relative strength. author atmcharts.com, contribute to thetechnicalroom.com & seeitmarket.com. MTA member & CMT Level III candidate.
No hindsight trading !! All my calls are made PRIOR the move right here. I also provide edu material such as annotated clean charts, Free videos on YouTube. I teach traders from beginner level to advanced. Signup for my Free weekly SPY video analysis
Investor and Day Trader. Trade based on TA with focus on minimising risk and locking gains. Invest in undervalued tech w/ insane growth (my background).
Helping the Little Guy out by sharing my trade ideas for free and in real time on ST.
I have been investing in stocks for over 36 years. I am a CFP, licensed since 1988. I was a CFO/Financial principal (series 7, 24 and 27) of a retail brokerage firm, at one time a R.I.A. Sr Financial Analyst at Transamerica prior to Aegon takeover.
im 37. used to b stockbroker. have dversified portfolio all timeframes, disciplines, sectors & markets. i play textbook & hig-quality technical & fundamental set-ups. i look for 3:1 Risk/Reward. prefer stocks $10+, 500k+ daily volume. i mentor free!!
I am a 42 yr old part-time swing trader. Price action, volume and chart patterns is all I got in my tool bag. Please don't follow me blindly. Avg yearly return rate the last 6 yrs: 43.5% including 2014.
Ex ad exec, wrote award winning TV commercials for major agencies NYC, TV scripts in LA. working on a book, & Bartok (piano repertoire).A devout retronaut & happily un-cell phoned.
Mostly a position trader . My posts are NOT stock recommendations.