There are about as many variations on the moving average as there are investors using them. While it’s generally understood that no one configuration is going to be the holy grail of predicting stock prices, each investor has their own baselines or favorites that they come back to.
Below, I’ll talk a little bit about how I’ve been using MAs lately. Then I’ll look at some of the MA setups which seem popular online today and make some observations based on them.
We here at InvestorGeeks lean towards the side of “fundamental” “investing”, but as I’ve been reading up on technical analysis for my upcoming articles I’ve run into some interesting reading. When we invest in a market, we want to know the players. We spend a lot of time trying to figure out what the institutional (more…)
Last week, we were watching Microsoft’s stock and hoping it could break through the resistance level at $24. If it did that, the stock was set for a nice break into the mid-to-high twenties. Instead, the stock dropped along with the general market and tech sectors. Closing price yesterday was around $22.50.
