zentrader's Commentaries

Feb 8 2010

Stocks Above 50MA

by zentrader

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While it’s very possible we could see a few days of buying, we’re not oversold by past standards. We still need to fall through the 20 level and then see some positive divergence before a meaningful bounce can occur.

Tags: psychology | moving-averages | nasdaq

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zentrader's Commentaries

Stocks Above 50MA

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