Last Post 06/03/2011 08:58 AM by l (5080) . 1 reply.

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06/02/2011 08:48 AM

50 day MA add on
by gar.chan (765) Joined on 05/28/2010 Posts: 66

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



06/03/2011 08:58 AM

Re: 50 day MA add on
by l (5080) Joined on 07/03/2010 Posts: 453

I watch the 10wk - just b/c I tend to spend more time looking at weekly charts.