IVAN (EXAMPLE) Importance of the 50 day moving average. As you can see the stock price AKA PPS bounces right off for a gain. Remember if you focus on purchasing stocks only on their breakouts you probably will end up loosing money. Fake Breaks are notorious in pennyland. If you see a stock that is dropping and close to the 200 day or 50 MA please alert in chatroom
REMEMBER: anyone can tell what happened after the fact, follow those who can alert you before it happens
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.