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Thursday, October 24, 2024

First Break of 20 Day moving Average for Pilgrims Arrived in U.S..

Courtesy of MarketMontage. View original post here.

Ok not quite that long, it only seems that way.  But I mentioned earlier this week I was uncomfortable in the fact that some of the "hideout" stocks were not being hit even as the rest of the market was being crushed.  Well today they are coming after teflon stock #1.  Ahead of earnings no less.

This is Apple's (AAPL) first break of the 20 day moving average, even on an intraday basis, since mid December 2011.

 

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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