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Ep. 92: Jim Roppel: Top Growth Stocks To Watch In 2021

Investing With IBD

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The 50 Day Moving Average on the Daily Chart Is Finding Classic Support

There was a pretty valuable lesson you learned from Bill years ago about the 50 day moving average, right? I'm sure you remember it. Well, first of all, it's another guardrail. Anything that is trading below the 50 day by more than four or five percent from a meaning on a Friday close or more than three, four weeks, there's an issue. If you sold all your stocks when they broke the 50, you would do very, very well if you had good selection criteria. But Bill told me, he's like flat out, I had an absolute juggernaut of a stack and I choked on it and he said, never sell a stack with triple digit sales and

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