Ep. 144: Alexis Garcia: Understanding The Stories Behind Stock Moves
Investing With IBD
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Nutrient Undercutting the 50 Day Moving Average
The stock finished right at the top of its range. It was up almost 3% today. The volume was 66% above average. And we were just maybe a little bit early because we kept on getting shaken out, but it was really holding right at its 50 day moving average line. This was a solid breakout. But I would not sort of put this in the category of a great breakout stock. You're generally better off buying on a pullback or when it gets closer to the 10 week line.
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