AI
Wednesday, December 12, 2012 3:24:24 PM
Was reading yesterday posts by quite a few knowledgeable people how 'they' would sell the 50MA hard - and they have. The finviz chart says it all:
Like you say, Sam, when you see a stock stalling at the 50MA and then one day sell volume/rate accelerate beyond the usual, best to get the hell out. They dropped it immediately below the 20MA, to make sure sell orders would trigger.
Lesson learnt, hope you weren't in too heavily.
Edit: kudos on the honesty.
Like you say, Sam, when you see a stock stalling at the 50MA and then one day sell volume/rate accelerate beyond the usual, best to get the hell out. They dropped it immediately below the 20MA, to make sure sell orders would trigger.
Lesson learnt, hope you weren't in too heavily.
Edit: kudos on the honesty.
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