Posted On: 11/27/2012 4:16:21 AM
Post# of 25423
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While moving averages are typically used on daily intervals, they can also be applied to other timeframes to provide helpful charting roadmaps. Weekly charts often show interesting correlations - for example, a long-term uptrend might feature repeated bounces off the 22-week MA. Daytraders can also use the same techniques, applying MA's to intra-day intervals.
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