Many IBD 50 Stocks Testing Key Support Level

Investor's Business Daily - Investing RSS http://ift.tt/1rxmOVd More than 30 of the IBD 50 stocks are within 5% of their 50-day moving averages, as they search for support at that key price level. That's a large share of the list that finds itself testing the average and its cousin 10-week moving average. As leaders cross this juncture on their charts, investors can learn a lot about the chances of their continued success by studying the chart behavior. An example of a pullback going well is on the graph of