Thursday, November 18, 2010

Stock Bytes:

  • "No one disregard technical analysis now. If you do, do so at your own peril!"
  • Moving averages smooth the price data to form a trend following indicator, albeit with a lag.
  • When the 500 day MA (Moving Average) crosses the 200 day MA, it conveys investor confidence in the strong rally.
Priyanka S Vaidya

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