Today's chart of the day is PANW, which gapped and broke out over it's 50 dma yesterday, and is holding that level this morning.This makes PANW a relative strength stock. During market selloffs, it pays to keep a list of relative strength stocks that have the potential to beat the market and will likely be... Continue Reading →
Chart of the day: GOOGL and the moving average remount
$GOOGL cracked $600 in early 2014 and quickly pulled back. Since that time the stock has been consolidating and actually broke below the 50 dma. After a few failed attempts at remount, the stock has gapped up over the 50 dma today. If this level holds we could see a run to $600 and another... Continue Reading →