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Thus sayeth the analyst wanna-be!!!!!
It doesn't take an analyst wanna be to understand basic concepts. Why all the hate? Whether you are long or short the stock, the fact of the matter is that the stock is very near the 50 & 200 day moving averages. Do some homework and stop hating.
> ...near the 50 & 200 day moving averages...I always giggle myself into incoherency when TAers say something about arbitrary-time-frame moving averages and suggest either directly or indirectly that they mean something.Personally, I like the 37 and 271 day moving averages.TA is, always has been, always will be Phoopy Poo.Numerology incarnate.
<<<Thus sayeth the analyst wanna-be!!!!>>That's right chump!http://www.marketnewsvideo.com/article/201201/tibx-crosses-above-key-moving-average-level-tibx-psj-TIBX01202012.htm/