Test the 5DMA
- alphatrends
- November 5th, 2008
The Qs appear headed for a test of the rising 5DMA. That level has added significance as it is also where the recent uptrend line is met. More important support is found near 32.50.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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