Learn how to use a simple moving average to confirm established trends, along with the pros and cons of applying it to different time frames.
A clear view of a stock’s trend can help investors decide when to buy, sell, or hold a position. However, identifying trends can be tough. Some technicians use an indicator known as a simple moving average to confirm established trends.
Watch to learn more about this tool—what it does, how it’s calculated, and the pros and cons of applying it to different time frames.
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(1022-23J8)
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