The secondary trend is like tributary to the main trend.
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Simple Moving Average This is the most widely used and is simply calculated by adding up a set of values and dividing the total by the number in the set.
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Once the market headed north again past R2 I move my stop to S2.
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Once they have come up with a number they will then determine if the share is undervalued or overvalued.
Now convinced that the buyers have the upper hand, buy.
If each day in the market were in fact an independent event then it would be impossible for you to make money from it consistently.