TradingMarkets Chart of the Day
These are stocks that have lost 10% or more over the past five
days and are trading above their 200-day moving average. Our research
shows that stocks trading above their 200-day moving average that have lost 10%
or more over the past five days have shown positive returns, on average, 1-day,
2-days and 1-week later. Historically, these stocks have provided
traders with a significant edge. To learn more about our research into stocks
that have that have lost 10% or more over the past five days, and how to use
this information,
click here.
Dendreon
(
DNDN |
Quote |
Chart |
News |
PowerRating) has had a spectacular runup over the last several months. More
recently, DNDN has fallen back over 36% over the last 5 sessions. Watch for price to potentially move back up over the next few days, as the stock
corrects itself back into the direction of the long term trend.
Use pullbacks to get a better price on your
buy-in.