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Go Back   Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat > Stock Market School > Stock Chart Technical Analysis (T/A)

Stock Chart Technical Analysis (T/A) Technical Studies indicators, volume, price advance/decline, Breadth Indicators, moving average, oscillator, CCI, RSI, MACD and many other indicators

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Old 10-12-2009, 12:31 PM
inthemoneystocks inthemoneystocks is offline
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Default Watch extended stocks into a whole number

LRCX has continued to move higher from is October 2nd low. Very often when a stock moves to far from it's 20 moving average it needs to come back into it at some point. Look at LRCX, notice how it extended it is from the 60 minute 20 moving average. This is the most extended it has been from this key moving average and may need to pull back toward it. It is important to notice that pullbacks usually occur around the whole round numbers and in this case the 38.00 area.

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Old 10-12-2009, 03:30 PM
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BadThad BadThad is offline
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Default Re: Watch extended stocks into a whole number

I moved this thead to this section, it's more appropriate here. Please take a minute to read the http://www.stockmarketcats.com/f5/po...ines-1696.html.

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