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How to trade with exponential moving averages |
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As lagging indicators, moving averages serve well as support and resistance lines. If prices break below a 10-day fitting line in an upward trend, chances are good that the upward trend may be waning, or at least the market may be consolidating. If prices break above a 10-day moving average in a downtrend, the trend may be waning or consolidating.
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Stock Tips Intraday Calls 2010-10-25 |
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