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S&P 500
5,772.44
(
1.05%
)
US TECH 100
19,646.00
(
1.06%
)
Dow Jones
42,153.78
(
0.86%
)
Brent Oil
75.60
(
0.64%
)
Bitcoin
69,313.47
(
2.20%
)
Post# of 13693
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Smilin_B

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Smilin_B

Re: cj 13 post# 9785

Sunday, 04/10/2016 2:29:51 PM

Sunday, April 10, 2016 2:29:51 PM

Post# of 13693
Although I never anticipated such a steep decline in share price down to the 50 period moving average, it appears to have stabilized and is trading at that critical level of support.

Stocks have a tendency to trade slightly below these areas to force traders to stop out. I've just been accumulating and would like to see SDOC close over it's 50ma for several consecutive sessions
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