What are the key indicators and strategies day traders use when trading ASX stocks?

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1 Answer 10
Jack Milleer

Answered 3 days ago

Day traders targeting ASX stocks often rely on key indicators like volume spikes, moving averages, and RSI to make fast-paced decisions. Strategies such as momentum trading, breakout patterns, and scalping are widely used to capture quick price movements. Technical charts and real-time news are crucial in identifying entry and exit points. These tools empower traders to act with precision and confidence, creating opportunities for consistent short-term gains in the dynamic Australian stock market environment.

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