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Use of Moving Averages as a Stop

Posted By On 1/17/2008 01:21:00 AM Under
1. Moving averages is an ideal tool for an individual to find the right resistance and support for any particular stop.

2. One can make it a point that any decisive close above or below any chosen day moving average which may vary from 13, 30, 50, 200 DMA be construed as a breach of support or resistance in any down trend or uptrend respectively.



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