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    MA 200. Google moving average 200. It is a long term indicator and a gauge of longer term price movements. Can usually provide very strong resistance or support as we have seen in the last few months. Does that mean that is always the case - No but in the majority of times. In ta language one always waits for confirmation. I.e. pass it then test. It tested on Friday then held. Today confirmation. I got in at open.
    Last edited by insaf: 22/02/16
 
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