Other Moving Averages to use to identify SUPPORT and RESISTANCE

On today’s video I follow up on managing our LONG and SHORT trades that we have been talking about since last week (INTC, OXY, T, D, and WMT). I also briefly introduce you to a few other Moving Averages that make sense to use as SUPPORT in an UPTREND and-or RESISTANCE in a DOWNTREND. These MAs are somewhat of a -self-fulfilling prophecy- because so many other traders use them. Hope this helps… have a great and profitable day! Craig Hill

 

About the Author Todd Mitchell

Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.

FREE DAILY TRADE VIDEOS

Join Over 84,750 Traders Receiving Our FREE Daily Trading Videos