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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