Indicator as Reference only
No doubt the indicator is a good reference guide for our trading decision. However in my opinion, we should always use technical analysis when making trading decision, coupled with fundamental analysis for stock selection. The indicator in moomoo will come in handy in validating our technical analysis. Some of the technical analysis indicators that I use before looking at moomoo indicator are RSI, MACD, stochastic and moving average. If all these indicators show a positive trend or in favour to your trading philosophy, you can have a better peace of mind when placing the trade :) Hope we all earn money from the stock market!
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