
Ep. 73: Dan Fitzpatrick: These Hot Work-From-Home Tech Stocks Are Potential Buys
Investing With IBD
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The Stock's Fall to the 50 Day Moving Average
Bollinger: I want to see a stock that's kind of drifting sideways and even preferably even kind of down a little bit on a little volume. If we're in a strong market, then that stock is going to be underperforming. The fall from that 1100 level down to close to the 50 was actually much more gradual. And so that's an indication of what you would just call weekend selling. It doesn't mean, you know, dumb selling. It just means people, you go, the stock's not moving up. So I'll go ahead and sell it. Then right underneath there are institutions kind of waiting to buy it. You know, and so I look at that
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