The Traderszone Network

Published in TZ Latest News 3 August, 2016 by The TZ Newswire Staff

A Tale Of Two Pullbacks: Steady Installed Building Products Vs. Volatile Kraton

A pair of Stock Spotlight stocks appear to be finding support at their 50-day moving averages, though in sharply different ways.

The first two pullbacks to the 50-day lines after a breakout are considered secondary buy points where an investor can add a small number of shares to an existing position. After the second time a stock finds support after a proper breakout, the risk gets higher that the stock will fail.

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