🧨 $LYN The daily chart has moved above MA50 🔥
Take two seconds to understand moving averages before taking action 👇
On a daily chart, MA200 is the average closing price over the most recent 200 days, and is often used as a reference for the overall bull or bear trend; MA50 is often used to observe the medium-term trend.
Understanding an indicator helps you avoid being misled by numbers—not predict exact tops and bottoms with it.
#LYN
Don't treat this as a buy or sell signal.
Take two seconds to understand moving averages before taking action 👇
On a daily chart, MA200 is the average closing price over the most recent 200 days, and is often used as a reference for the overall bull or bear trend; MA50 is often used to observe the medium-term trend.
Understanding an indicator helps you avoid being misled by numbers—not predict exact tops and bottoms with it.
#LYN
Don't treat this as a buy or sell signal.