In Learn to Trade #Glossary

Technical Analysis Terms

Understanding technical analysis is key when trying to catch momentum based breakouts and identifying support and resistance levels. Here are a few commonly used technical indicators and what they tell us about a stock:  50day MA (Moving Average): The average closing prices of a stock over the last 50 days. A break of this line could signify a confirmed breakout. We also look for stocks that already trade above it which may indicate there is less upward resistance.  200day MA (Moving...