Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Sunday, March 6, 2011
NYHL New Highs New Lows Daily Chart
NYHL new highs new lows daily chart watching the 20 and 50 MA cross. In November the 20 fell thru the 50 and ushered in broad market selling. The 20 MA, now at 202, is 25 points above the 50 MA, at 177. Thus, if you are a market bull you want the 20 MA to stay above the 50 MA, if you are a market bear, you want the 20 to pierce and run below the 50 MA. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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