TradingMarkets Chart of the Day
These are stocks that gap down by 5% or more and are trading
above their 200-day moving average. Our research shows that stocks
trading above their 200-day moving average that gap down by more than 5% 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 gap down, and how to use this
information,
click here.
National Financial
Partners
(
NFP |
Quote |
Chart |
News |
PowerRating) has been trading above its 200-day moving average since 1/11/07,
showing us that it is starting to trend upwards. In
Monday’s session (02/05/2007) NFP gapped down 6.5%. Watch for price to
potentially move back upwards over the next few days.
Use gap downs over 5% to get a better price on your buy-in.
Trending stocks give traders great opportunities for easy action.