Technical Education: Moving Averages buying at PO3 and selling at 10WMA with DPZ, DXCM, SHOP, TSLA cover art

Technical Education: Moving Averages buying at PO3 and selling at 10WMA with DPZ, DXCM, SHOP, TSLA

Technical Education: Moving Averages buying at PO3 and selling at 10WMA with DPZ, DXCM, SHOP, TSLA

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This week is a little bit different.  Two days in the market has caused  a lot of damage to the bull momentum that has been going on.  So this week will be about buying and selling based on a lagging technical indicator, moving averages.  We will talk on both the buying side and the selling side.  

For the buy side it would be a PO3 where you buy when the 10DMA, 21EMA, and 50DMA all cross and are on top of each other.  

For the sell side you would look for a close below the 10WMA on above average volume assuming this is a stock with sales and earnings at least 25% the last 3 quarter.

S&P 500 Analysis
https://www.tradingview.com/chart/SPX/gMx0QxBn-SPX-Distribution-with-33-Downside-Potential-to-2300/

Enjoy :)

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