Trading Key Moving Averages
Posted on Monday, May 23, 2022 at 4:57 PM
Dan Passarelli, CEO - Market Taker Mentoring
Different chart patterns can indicate specific stock trading opportunities are setting up. Trading key moving averages is one such pattern. There are several different trading techniques that can be used depending on the moving average time frame and the expected time in trade.
One such trading setup is trading breakouts. When a stock breaks above a key moving average in trading, it can indicate potential bullish trade setups. Conversely, when stocks break below key moving averages, it can indicate a bearish breakout trade to the downside.
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