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Strategies & Market Trends : Trading From Main Street.

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To: Brandon who started this subject5/8/2001 7:48:20 PM
From: Brandon   of 226
 
MOVING AVERAGES
Moving averages tend to serve as great levels of support in the context of an uptrend. For the purposes of my trading I use the rising 10 day, 20 day and 50 day simple moving averages. Strong up-trending stocks tend to bounce off of rising moving averages. When we see the Pullback Buy Setup , and the pull-back has brought the stock back to a rising moving average this greatly increases the accuracy of the setup. Should this moving average also occur at an area of minor price support the odds are even better.

Brandon
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