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Unformatted text preview: 2. The 50-day moving average should start sloping up. If these two conditions were met I would confidently enter a long position. The last price bar on this chart shows signs of a possible positive price movement in Infospace, Inc. [INSP]. If prices break out above the 50-day moving average (shown in blue) on heavy volume and the moving average slopes upward I would confidently enter a long position. Graphic provided by: Tradecast Securities, Inc. . The attached chart of Infospace, Inc. [INSP] is an example of a stock that had a price jump on above average volume. The 50-day moving average has been overlaid on the price chart. At present, prices are below this line and it is still sloping down indicating that a confirmed buy signal has not yet been triggered. However, it is a good stock to add to your watch list....
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This note was uploaded on 04/14/2010 for the course FINANCE fnce 305 taught by Professor Proftujun during the Spring '10 term at Singapore Management.
- Spring '10