Moving Average Golden Crosses (CTL,PLT,DNKN,CIEN,SPWR)
Here are the Master's picks:
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.
CenturyLink Inc (CTL) is currently trading at $39.73. Its 52 week range is between $36.31 and $43.43.
Plantronics Inc (PLT) is currently trading at $37.15. Its 52 week range is between $28.76 and $40.82.
Dunkin' Brands Group Inc (DNKN) is currently trading at $34.11. Its 52 week range is between $25.2 and $37.02.
Ciena Corp (CIEN) is currently trading at $15.46. Its 52 week range is $11.44 and $18.39.
SunPower Corp (SPWR) is currently trading at $7.99. Its 52 week range is between $3.71 and $9.54.
MASTERY Bottom line:
Moving average crossover systems can be very effective, however, they should be used with other aspects of technical analysis (candlesticks, momentum, volume, etc.). While it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..
Best of the Blogs

BlogDroid 600
Scanning and identifying the best blog entries every hour
- ZiG ZaG BeN... | ZeroHedge
- Five Decades Of Asset Bubbles: Which One Is Next? | ZeroHedge
- Long-Term Breakout | Financial Sense
- All Time Highs | iBankCoin.com
- Who’s Selling? | iBankCoin.com
- Are Covert Operations Underway in the Global Currency Wars? | Financial Sense
- "We Are Experiencing More Than Just A 'Soft Patch'" | ZeroHedge
Latest Headlines

Newsbot 3000
The most relevant financial news and articles from the Internets
- There's A Lot Of Big Talent To Replace On 'Saturday Night Live' | Business Insider
- New Arms Bill In Congress Could Involve Major Sanctions On Russia | Business Insider
- LeBron James Makes A Buzzer-Beater To Stun The Pacers In Overtime | Business Insider
- The Most Pinned Brand On Pinterest Doesn't Even Use A Pinterest... | Business Insider
- Cyber Attack On Utilities Could Be A 'Katrina-Like Disaster Affecting Cities For... | Business Insider
- This Is What A $400,000 Pigeon Looks Like | Business Insider
- Trading Radar for 05/24: Foot... | StreetInsider.com


