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Tag: Moving Average

  • COVID confirmed breakout above 50dma?

    COVID confirmed breakout above 50dma?

    The Market looked like it might take a dip due to poor economic data.  Then today it popped back up when Gilead announced positive results from their COVID-19 treatment trial. Is this a head fake or a real breakout above the 50 day moving average?  It looks solid and the S&P 500 is only 2%…