I took the knowledge of the 50 day MA pull back and a few days ago come up with Adobe (ADBE) as a potential purchase. Looking at it today I think I woud have been been a hero if I mentioned it to anyone other than the little voice in my head.
I've been there a couple times. Usually I don't go in because my money is tied up somewhere else. If you think a stock's about to bust out there's little harm in buying it. Just be ready to sell if it goes the other way and cut your losses.
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I've been there a couple times. Usually I don't go in because my money is tied up somewhere else. If you think a stock's about to bust out there's little harm in buying it. Just be ready to sell if it goes the other way and cut your losses.
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