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January 29, 2024

What to Do With Your Spare Cash

Hey, it’s Ross Givens here with the Chart of the Day. Investing in pullbacks can be strategic, especially when targeting moving averages. For robust stocks, the 21-day exponential moving average (EMA) often provides reliable support during upward trends. In contrast, larger, slower-moving blue-chip stocks benefit from the stability of the 50-day simple moving average. The key is identifying stocks in strong trends and buying during pullbacks to these moving averages. Learn the art of timing and risk management in today’s Insight of the Day, leveraging the support offered by these moving averages for well-timed entries and profitable trends.

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January 29, 2024 No Comments
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