As lagging indicators, moving averages serve well as support and resistance lines. If prices break below a 10-day fitting line in an upward trend, chances are good that the upward trend may be waning, or at least the market may be consolidating. If prices break above a 10-day moving average in a downtrend, the trend may be waning or consolidating.For more information visit us http://www.stockinvestmenttips.in/