RSPP moved above the 200-day moving average. The stock price now hovers at resistance level. The 50-day moving average is pushing the price up. I see a possibility of breakout above $38. I prepare trade setup for this bullish trade – available for members. Not a member? Join now!
Trading Tip:Basics of moving averages
Moving average is simple but very powerful tool. It helps you to keep your charts clear but still provide a lot of information. Learn basics of moving averages and improve your stock trading decisions.
Picks from Richard’s Trading Club
Bullish stocks and etfs : IAT, MMSI and more
Bearish stocks and etfs: CSOD, FAN and more
I use the best four stock screeners to find stock picks every week.