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Today we learn about moving averages: in the Candlestick Chart, MA represents the moving average, and the other numbers indicate the number of days for the moving average.
Different uses of moving averages:
5-Day Line (Attack Line): If the 5-Day Line is trending upwards and the stock price breaks above the 5-Day Line, the short-term outlook is bullish. Conversely, if the 5-Day Line is trending downwards and the price breaks below the 5-Day Line, the short-term outlook is bearish.
10-day line (short-term stop-loss line): The 10-day line serves as a short-term stop-loss line. When the stock pric
View OriginalDifferent uses of moving averages:
5-Day Line (Attack Line): If the 5-Day Line is trending upwards and the stock price breaks above the 5-Day Line, the short-term outlook is bullish. Conversely, if the 5-Day Line is trending downwards and the price breaks below the 5-Day Line, the short-term outlook is bearish.
10-day line (short-term stop-loss line): The 10-day line serves as a short-term stop-loss line. When the stock pric
