Moving Averages charts & why I like Them:
5 EMA--Closely follows the short-term trend and shows some of the strongest momentum
10 EMA--The best swing trades often hold the 10ema
21 EMA--The best intermediate -term trades will hold 21 EMA.
✓ Most of the best swing trades also start by consolidating along and then bouncing from the 21 EMA.
50 EMA:--This often serves as the line in the sand for intermediate -term traders.
✓ Many of the stocks with the biggest moves historically have held Their 50 SMA for the duration of the trade.
100 EMA: Many stocks that slice through their 50 SMA in a meaningful way that are not through with their up moves will find support near the 100 EMA, the halfway point the 50 and 200 SMA( not literally but close enough)
200 SMA: This is often the line of last resort
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