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
I twits real time to buy stocks that are ready to potentially move soon with tight Stop. I will take small loss quickly when it return back under the trend line or breakout point http://treenhome.blogspot.com/2013/12/my-stock-trading-is-simple.html
Former electronic engineer turned broker / analyst. CNBC/USA Today Investment Challenge professional options division champ. Now retired and enjoy trading stock and options daily. In the market 32 years, learned from experience to trust charts.
The stock whisperer has trained over 1000 traders worldwide. She teaches her online students to day trade and swing trade by mastering time and sales, spotting ECN refreshing, discipline and entering only the highest probability trades.
Twits ideas 4 my personal use on Biotech & chart trades, but not recommendations on buy or sell.
I fail 99% of the time. You've been warned! Ideas Always be FREE. Follow me on twitter @BiotechMoney18 for more trade ideas.
Trading like a casino ... Ya baby!!!!
Find Your Edge, Manage Risk, and Win Like the House.
I am away from the screen most of the time but i do respond to messages.
Note: I post ideas for my own tracking