2min chapter

Investing With IBD cover image

Ep. 202: Anne-Marie Baiynd: Why Patience Pays

Investing With IBD

CHAPTER

The Daily Chart: 17 18% Above the Moving Average Line

It's already like 17 18% above its 50 day moving average line and it just does look like it kind of came straight up there is a level that you ever look at in relation to like the 50 day or the 10 day line that hey this is this much above that line and that's just too much so it does give me pause but it ends up being you know which way is the wind blowing if i look at it in terms of the moving average what i will say is okay it's breaking out really strongly. What kind of news is forcing this into its next level? If it isn't then i'll just continually to draw a line under a new higher low under a new

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