From Gold Stock Trades:
Moving averages are used by many traders to identify trends as they smooth out price action and act as key support on the way up, and resistance on the way down. In fact, it is one of the most widely used technical indicators and extremely popular among high frequency traders because it is so clear cut and easy to program. It allows the trader to ride a trend higher and to cut losses short.
The death cross is a popular signal that, when used properly, can cut massive losses short. The death cross is so popular because...
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