The Traderszone Network

Published in TZ Latest News 11 August, 2014 by The TZ Newswire Staff

IBD New Highs Analysis: BitAuto Soars

Amid a so-so rally by the major averages on Monday, IBD’s new high list kept its threadbare appearance. During Friday’s broad advance, the total combined number of Nasdaq and NYSE new highs of 70 can be seen as thin compared to a day when the market is in a confirmed uptrend. Plus, Monday’s new high list showed a larger number of issues (110) making 52-week or all-time lows. As seen in Tuesday’s new high list (138 new highs vs.

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