/biz/ - Business & Finance

>>30222484
moving averages aren't a meme. People actually use it to set their stop losses and exit strategies so it ends up being a self-fulfilling prophecy (e.g. stock price breaks past MA200 on daily, people panic sell)

everything else is just a derivative of moving averages. If it's too complicated, don't bother since no one will be followng it and it won't work as a self fulling prophecy.

Only thing I look at (and only as a guideline short-term) is MA200 on the daily and hourly. Sometimes MA50 on the daily since that's what some tickers (with more positive sentiment) follow instead

pic related.
Self-fulfilling prophecy. Don't be retard and think TA is just a meme

FA for long-term. TA for short-term