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Do you guys like to watch the 50 day or the 10 week MA line for add-on?
I feel there are times when I look at a chart, and I see something that rejected the 10 week moving average (its so clear that it bounced off the 10 week), that when I look at the 50 day MA, I'm so suprised that its not even in the ball park of the 50 day MA.
I realize the MA are based on closing prices for the selected time period, but I;m curious to see if y'all watch both for an entry?
Thanks
g
I watch the 10wk - just b/c I tend to spend more time looking at weekly charts.