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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: flint who wrote (12115)1/29/2003 3:02:38 PM
From: James Strauss  Respond to of 13094
 
If the idea is a stock breaking above the 13 moving average is good. What does falling below the 13 day average mean? Is the 20 next? Then the 50?
Base on your technicals. Isn't this a short now for an easy 15%?


Flint:

If a stock falls below the 13 day MA and remains below it, this usually suggests a downtrend... As for shorts, usually signs of price weakness and a drop in volume at the top of an Envelope Channel offer shorting possibilities...

bigcharts.marketwatch.com

Jim