Wednesday, May 8, 2013

Bullish 50/200-day MA Crossovers: ARP,ABMD,DCM,ANAC,CAAS

Check out today's Bullish 50/200-day MA Crossovers.
What's a Bullish 50/200-day MA Crossover?
The 50 day and 200 day moving average crossover is a heavily used tool to emphasize the trend and smooth out of price movements. It is often thought that a stock that has a price trading above its 50 day moving average and if the 50 day moving average is above the 200 day moving average, then the stock is healthy and should continue upward in the near future.
The 50 day and 200 day moving averages are also used as support and resistance areas. When trading above, they act as support, which can give you an extra edge in your trades.
Atlas Resource Partners LP (ARP) is currently trading at $23.77. Its 52 week range is between $21.23 and $28.23.

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