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TA Challenge: BIAS, a day trading tool for the rebound
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1, if BIAS12 in the 0 axis to get support rally when the vol...

1, if BIAS12 in the 0 axis to get support rally when the volume is enlarged, it means that the multiple gives strong support to the stock price. This makes the bullish signal of the pattern stronger.
2, BIAS12 as a support line can also be used as a stop-loss line after buying shares, if the stock price falls below this position indicates that the support of the parties to the stock price failed. This way investors should sell the stock stop loss.
3, BIAS12 in the 0 axis to get support is actually the stock price in the 12-day average position to get support for the indirect performance. In practice, investors can use these two signals against each other.
4, BIAS12 is a short term-oriented technical indicators, like ultra-short term investors can replace the pattern in the BIAS12 BIAS6; medium-term investors can use BIAS24.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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