When a stock pulls back to its 50-day moving average after a breakout, that’s a key test. If shares can find support at that level and rebound with conviction, that could be an opportunity for investors to add shares to their positions. A rebound off of the 50-day is what we’re seeing with ServiceNow.
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Technical Analysis: When A Pullback To The 50-Day Line Becomes A Buying Opportunity trading screen | |
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| News & Politics | Upload TimePublished on 10 Apr 2019 |
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