Should you use 10 MA stop for short term swing
Friday, April 7, 2023
When a stock has a momentum burst of 3 to 5 days, it explodes quickly in a short time period. As a result of this the daylight between 10 MA and the price increases. So a stop based on MA will put lot of open profits in play.
As a general rule for 3 to 5 days swings using a MA of 10 day duration is not a smart idea.
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