Trend and Momentum Trading

Trend and Momentum trading usually give traders the easiest money in a strong bull market. Uptrend channels (45°, 60°) use 10, 20, and 50-day EMAs as the support guide. Momentum trading (90°) uses 5, 10, and 20-day EMAs mainly banking on informed speculation. This usually uses the "buy on rumors, sell on news" strategy, as the stock price usually attracts the most attention when on top.

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