InvestorsHub Logo
Followers 8
Posts 419
Boards Moderated 0
Alias Born 11/25/2008

Re: dmlabuda post# 61364

Sunday, 04/15/2012 11:32:49 PM

Sunday, April 15, 2012 11:32:49 PM

Post# of 129051
the 200MA is important but there are other leading indicators that occur before the 200MA breaks. Like the actual downtrend line itself. Hence the word "UP TREND" and "DOWN TREND". 200MA's do not usually break in one pass. The stock bounced once off of the 200MA and is now base building and consolidating to take another attack at the weekly 200MA.

To me the Ickimoku Cloud, trend line and MACD together paint a much better picture then the 200MA all by itself.

Join the InvestorsHub Community

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.