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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Comment by sigson Feb 18, 2011 11:59am
292 Views
Post# 18158529

RE: RE: RE: RE: RE: RE: RE: And down DOG is going

RE: RE: RE: RE: RE: RE: RE: And down DOG is goingHey, you are very correct, the 50 ema or ma acts like a magnet on many stocks, there is no reason for it to break that. Lots of times a stock will just take out the 50ema or ma in order to take out stop orders. Usually by a quick flush.  Yes it sucks but I can't tell you how many times I've seen the 50 comes into play for a bounce.
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