The Simplest Way to Understand Trading Patterns

Transcript

Let's cover some basic concepts about the 200. The 200 period moving average is the granddaddy of all moving averages. It is the most powerful moving average of all. As we know, if a stock is above the 200 and drops to the 200, the 200 will tend to be at least temporary support. So, there will tend to be some halt and rebound of some sort. And that... Read More