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Online Share Trading

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200day ma

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sixpack
Contributor
do you think that a share is a buy if it crosses above the 200 day ma after being below it for 6 months?
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5 REPLIES 5
Ninja
Super Contributor
ok dude......your question scares the **** out of me....here's a thought, maybe it is, maybe it isn't.......what is your entry set up, what is your trigger, what is your time frame and most importantly where is your stop loss and why....if you can't answer 100% to the above give your money to allan grey. Now.
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Not applicable
sixpack: Ninja speaks good things.And remember, that 200ma FOLLOWS price, a lagging indicator....thus, you wait for the TEST of Support,then you decide whether you want to play.###Just my "after 6-beers -on-a-Friday-afternoon" thought.
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ACEP_
Regular Contributor
Only six VI, c'mon you gotta catch up!
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Not applicable
ACEP? : You bloody alcoholic.Hang on,I'm catching up....heh.
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sixpack
Contributor
thanks guys..
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