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Wednesday, 04/26/2017 8:32:14 PM

Wednesday, April 26, 2017 8:32:14 PM

Post# of 3283
Spectrum Through Resistance -- Technicals Hit Extreme Strength! That's the headline from an article from Capital Market labs. I'm a novice when it comes to technicals but I think I understand the following

When the shortest-term moving average (10-day in this case) moves above any other moving average (50-day in this case), momentum is climbing.
Spectrum Pharmaceuticals Inc (NASDAQ:SPPI) rating statistics:
10-day moving average: $6.57
50-day moving average: $6.33
200-day moving average: $5.30

I get this. It's a pretty easy concept to follow.