Hong Yuan Holding Group (HGYN)

[Dr PennyStock]

MA80 doesn't exist on T/A, you can NOT just try to find a MA that does this or that, because ANY MA that you put in a chart, has a correlation with the chart, it can't be other way, because it is a Moving Average, so any MA follows the PPS, BUT, it doesn't work.

When I learned T/A, I did this, I "lost" about 2 or 3 days to try every number as MA, since 1 until 1000, only to discover if all of them are correlated with the price, of course they are, but, they work? Of course not, because nobody uses them.

On the internet, here on ihub, and, other forums, I already saw people using lots of MAs, 3, 6, 12, 13, 14, 18, well, there is one MA to every taste, but, this is garbage, they only work, IF they are used by many people, then if they are used, they will be used as support or resistance, so people will buy or sell there, and, then they will work.

The only MAs that work are the MA200, MA50, and, sometimes the MA20, the rest you can forget.

See the chart below, with the MA85, it looks even better, but, it was NOT the motive why the stock stopped there, it was the PAR SAR line, take a look:

http://stockcharts.com/h-sc/ui?s=CERP&p=D&yr=1&mn=0&dy=0&id=p60208491199