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Posted by Admin Posted on: 29-Apr-2014 | Hi San Bala,
200 Days moving average generally means change in trend. By definition it means long term uptrend or downtrend depending on the direction of the crossover. Its target can be previous resistance level if any. If it does not have previous resistance then carefully look at other signals. I suggest to play with Trailing Stop Loss Once stop loss or a reversal signal is seen then immediately exit.
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