Price, Moving Averages, and a Trendline - Part 2
08/13/2013 6:00 am EST
In this final installment of a two-part series, Ron Wagner of Revolutionary Trading talks about the most commonly used moving averages and what is most important to consider first.
In part 1, Ron Wagner discussed moving averages. Here, Ron adds a trendline to the same chart to discuss how much more information you will see to help you make more reliable decisions.
Knowing which indicators to use, and when, is very important to help achieve more reliable results.
All indicators lag price and volume, and a trendline will give you more current information to gauge the strength and reliability of how a stock will move. Ron will give you some tips to consider on this short four-minute video.