All Eyes On The Market
Keeping an eye on the java applet will help you to keep your eye on stocks
hitting important technical levels.
| Newsfeed | Time (EST/24hr) |
Symbol | Headline |
| STK | 09:31 | CERNÂ | retouches 50-day moving average at 54.79 |
| STK | 09:32 | PLMDÂ | retouches 50-day moving average at 18.95 |
| STK | 09:32 | GILDÂ | retouches 50-day moving average at 65 |
This morning, Gilead Sciences
(
GILD |
Quote |
Chart |
News |
PowerRating) came across the applet after
retouching the 50-day moving average. After taking a look at the chart, I saw it
was also at the 38.2% retracement of the September low to the November high.
Â
This is now a stock a daytrader can keep an eye on for trade-though entry if we get follow through tomorrow, or an aggressive trader can even
look for an intraday pattern later on today, as the retracement and the MA have
seemingly provided short-term support. Get in the habit of checking alerts on
indicators you follow, as they will often provide good candidates for trades in
the upcoming days.
Until tomorrow,
Duke