I bring this up because I know many people like to use moving averages as a means of support. In the chart for CANN below you can see how the simple moving average would have failed to act as support in the crazy price jump we had while he exponential moving average would have held as support initially. I am not saying that one is better than another, but it is best to understand that the exponential moving average is more dynamic in nature and allows a little bit more flexibility as support in some cases. In the case of CANN, if using this for support you would have held on longer for additional upside without unnecessary selling and rebuying. May your gains in CANN and all your other holdings be exponential.
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Heritage Cannabis Holdings Corp (CSE: CANN)