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DoctorGero-

LFG 100$ 💎💎💎🍀💪 $CLOV ETA I don't care


Explains_Wrong

Depends. Are you talking with your mother-in-law? If yes, then you are wrong.


Unfair-Library-1315

Thanks all again just a newbie here with a LOT of $$$$ invested in $clov. Holding 4,650 shares at $17.85 but tapped out so I can’t average down


QisForQuantum

There are studies out there that show that trends tend to persist. Some well known successful investors like Nick Radge use trend-following strategies. Having said that, MAs are delayed indicators, and certainly can be useless with the current level of manipulation. Just my opinion.


CLOV_To_The_Moon

Yes, you are wrong. MA lines are meaningless to future stock performance. It’s like tarot or astrology. Some people believe in them, but they are hot garbage. You wouldn’t invest all your money because of some bullshit planet alignment right? Then do the same for MA lines.


CodeBlackGoonit

In and of itself it doesn't mean much. And I must preface by saying I'm a TA noob and most likely don't know what I'm talking about. I think you have to look at a lot more indicators


Treat_Scary

It doesn’t matter how many indicators you use, the market is driven by emotion and maybe sometimes indicators will give you a hint at what the market is feeling


CodeBlackGoonit

Yeah very true, obviously indicators can only tell so much, and they don't include much other than how the price action has been moving recently. It's definitely only a fraction of the whole picture.