Replies to post #119328 on Mike Lindell Media Corp (MLMC)

[zolax]

If we do not get news soon our pretty chart will get ucked up.

[jrod]

This link has a load of Technical Analysis Info for learning etc...:
http://stockcharts.com/education

Regarding Moving Averages:

I only use these MAs:
MA 5
MA 20
MA 50
MA 100
MA 200

I consider these moving averages "likely support/resistance levels".

Crossovers are important as are the use of other indicators for measuring strength etc...

I always take profits when it hits the overhead resistance (current overhead MA, many times it is the 100MA)

When a resistance level (MA)is broke, it is said to become support and visa-versa.

The "support"ing MA is a good entry point IMO if it is showing good support. (buy dips)

The shorter averages are for swings and short term trends

The longer term moving averages are major support/resistance levels and they represent longer term trends.

This is off the top of my head but check that link for more info and if you have any more questions....let me know.