The Traderszone Network

Published in TZ Latest News 19 August, 2015 by The TZ Newswire Staff

Blackhawk Network Finds Support At 10-Week Line

Blackhawk Network has found support at its 10-week moving average for the first time since breaking out June 18. Pullbacks to the 10-week line are secondary buy points. They’re not ideal places to take a large, initial position. But they are a good spot to add to an already-profitable position that was initiated on the breakout from a base. The first two pullbacks are valid spots for adding shares.

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