The Traderszone Network

Published in TZ Latest News 26 September, 2014 by The TZ Newswire Staff

Many IBD 50 Stocks Testing Key Support Level

More than 30 of the IBD 50 stocks are within 5% of their 50-day moving averages, as they search for support at that key price level. That’s a large share of the list that finds itself testing the average and its cousin 10-week moving average. As leaders cross this juncture on their charts, investors can learn a lot about the chances of their continued success by studying the chart behavior.

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