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
Fundamental & technical trader. This is the personal Twitter account of Becky Hiu and isn't connected in any way to a professional designation or vocation. Opinions are my own. Trade at your own discretion.
I'm a professional trading coach, I maximize profits & minimize risk while removing the fear aspect of trading. Passionate about teaching & helping clients uncovering explosive stocks & ETF's with accurate timing. Send me a Direct Msg for more info.
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.