
Ep. 114: Ken Shreve: Deciphering Pullbacks To The 10-Week Line Like A Pro
Investing With IBD
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How to Use a 10 Week Line to Size Your Position
A decisive close below the 10 week can be a really good thing to look at when you're initiating a position trade. A steep pullback to the 10 week line is not as ideal as kind of a slow gradual wind and maybe looking at Alcoa would be a good example here. I'm just looking at the two, the two weekly declines off the off the top and the volume that came with it. There were big sellers in the stock both of those weeks that closed in the bottom well in the bottom half of its range on both of those down week. So it's making a stand right now. And, and,you know, it has not lost support clearly, but this
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