Inside this article you find companies with a potential start/continuation signal of a positive trend according to one of the most used trading tools, simple moving average. In particular, the Moving Average Breakout Chart Patterns. In addition, the companies shown here have a particular chart conformation that increases the probability of the positive trend continuing.
In this article we will consider only the breakout of the 50-day moving average which identifies the presence of a positive (if the price is above) or negative (if the price is below) trend in the medium to long term.
What is a Simple Moving Average?
Key Moving Average BREAKOUT
Simple Moving Average 50-day (black line)
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