Re: 100 Day Moving Average

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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TexasOilMan

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Re: 100 Day Moving Average

in response to

Re: 100 Day Moving Average

solyomtwo

posted on Feb 17, 2010 05:45PM

I expected a flatter line. If you use the EMA it will be because it gives more weight to recent share price.

>Falcon is hitting its 100 day moving average; the technicals are looking strong.

Can you explain this in a layman's term?

When share price is above its 100-day MA, the trend is considered bullish. When the stock is below the 100-day MA, the trend is considered bearish. Buy and sell signals are generated by crosses above and below the moving average.