The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

Arris, Ubiquiti Still Trapped Below 10-Week Lines

In a market correction, the more time you spend cultivating your stock watch list, the better the chances are that you’ll reap a handsome return once the next uptrend begins. One challenge for the new IBD reader: How can I weed out the weaker stocks and keep the better breakout candidates? Check out a stock’s weekly chart and see if the stock has lifted above its 10-week moving average (or the 50-day moving average on a daily chart).

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