However, there are many similarities that can be drawn here as the Semi's approach a technical target and the Bio's coil above major moving averages. (ibankcoin.com)
Traders who use technical analysis will place stop orders below major moving averages, trendlines, swing highs, swing lows or other key support or resistance levels. (investopedia.com)
A great example of just how ineffective major moving averages when the bulls rush to the exit door can be seen on the daily chart of Charles Schwab ($ SCHW) below. (morpheustrading.com)