The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 39—Moving Averages as Selling Targets

Find the incorrect statement about using moving averages as targets:

1. Selling at a moving average works especially well on weekly charts.

2. Prices tend to oscillate above and below their moving averages.

3. It is highly desirable that the distance to the target be longer than the distance to the stop.

4. When you sell at a target, the sell grade is unimportant.