Question: What is the purpose of computing a moving-average line for a stock? Describe a bullish pattern using a 50-day moving-average line and the stock volume

What is the purpose of computing a moving-average line for a stock?

Describe a bullish pattern using a 50-day moving-average line and the stock volume of trading.

Discuss why this pattern is considered bullish.

Please give a detailed answer with correct labels in Excel with any required formulas for a great rating. Thank you!

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