Moving averages, SMA & EMA

Moving averages is a line that smooths out the price and can help gague the general market direction

The 50, 100 & 200 SMA can act as a support and resistance

SMA (Simple moving average)	EMA (Exponential moving average)
Average of the price over the selected time period Best for long term trends	Average of the price with more weight on the recent price Best for short term trends