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Waste Connections Inc. Message Board

  • Carolyn_Novice Carolyn_Novice Nov 22, 2011 2:37 PM Flag

    Where To Draw the Line? WCN @ 31.93

    Advance –Decline 200 – Day Line

    Even though this may not be original, it’s certainly not in common use. Same principal as 200 – day line for the DJIA or any stock, but its significance is often greater. The principal of 200 – days is that this covers a long enough period so as to be rather dependably representative of short-, medium- and long-term investors’ thinking. A six-month view is taken by a large number of people, for obvious tax reasons, and an index spanning this period thereby gains significance.

    WCN test is close


    Carolyn Novice

74.44+0.44(+0.59%)Jul 26 4:02 PMEDT