This month’s SFO (Stocks, Futures, Options) magazine offers “Stop Chasing Trades: The 10-Week Average Can Help.” In the article, RealMoney columnist Kate Stalter explains the ins and outs of using 10-week moving average—a “key benchmark professional investors monitor.”
“When professional investors … have ownership in a particular stock, they’ll often swoop in to grab more shares at a lower price when they see a pullback,” Stalter writes. “Because they presumably have confidence that the stock has more room to run higher, the strategy makes sense. Individual investors can watch this support as it is unfolding and follow in the pros footsteps.”
If you’re interested in utilizing the strategies Stalter explains, were do you begin?
SFO is a great start, and it’s a free source of great educational tools and tips. The magazine also offers the Trading the Indicators Series, an inexpensive digital resource that outlines the basics. You also can check out The Encyclopedia of Technical Market Indicators by Robert W. Colby, which evaluates myriad investment timing models.
Traders Press offers a variety of resources on Economic and Technical indicators. Use the promotional code KGBLOG711 and receive 20% off your purchase plus free U.S. S&H* until midnight CDT tonight. (It will then revert to the regular 10% off plus free U.S. S&H* discount I usually offer.)
As I mentioned previously, the discount is currently 20% off—double that which we normally offer on all purchases at TradersPress.com, plus free U.S. S&H.* Just use promo code KGBLOG711 to save! (Yeah, you’ll get 20% off using the other bloggers’ codes, too.) In addition and as always, you’ll earn your rewards points, which adds up to savings on future purchases!
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