Page 1276 - How to Make Money in Stocks Trilogy
P. 1276

258  HOW TO MAKE MONEY IN STOCKS—GETTING STARTED


             If the stock is extended, keep an eye on it. It may go on to offer an
           alternative buying opportunity, like a pullback to the 10-week moving
           average line, which brings us to . . .
         • Stocks Pulling Back to 10-Week Line
           As we saw earlier (“Alternative Buy Points,” Chapter 6), after a stock
           breaks out, it may take a breather and pull back to that benchmark line.
           If it finds support and bounces higher on heavy volume, it could offer a
           buying opportunity.



           When & Where
           Daily in the Making Money section of IBD
           You can also read New High List Analysis column on Investors.com
   1271   1272   1273   1274   1275   1276   1277   1278   1279   1280   1281