Not exact matches
After three
shakeouts below the 50 -
day moving average (on 3/22, 4/5, and 4/15), $ THD has reclaimed the 50 -
day MA and is poised to break out above the short - term downtrend line of the consolidation.
We also set a protective sell stop just below the 20 -
day EMA, minus some «wiggle room» to avoid a
shakeout.
With the exception of a brief «
shakeout» of just two
days (a common and acceptable occurrence), notice that $ FDN has been holding above its rising 10 -
day MA ever since breaking out in early July.
That
day's «
shakeout» was followed by a substantial, week - long bounce off the lows, but the buying interest was short - lived and faded just a few
days later.
The «undercut» of the 20 -
day exponential moving average that occurred on the morning of March 31 was followed by a breakout above the high of the recent range (from
shakeout to breakout in a few hours).
The price action on March 5 served as a minor
shakeout, which was followed by a higher volume reversal
day on March 6.
If the move below the 20 - EMA was just a minor
shakeout, then the price action should reclaim the 20 - period EMA within a few hours to a few
days, or at the very least set a higher swing low below the 20 - EMA.
The breakout after the
shakeout prompted us to re-enter the shares we previously stopped out of the following
day.
Sunday: 4 mile
shakeout (
day after my trail marathon) Monday: 8 treadmill miles / strength training Tuesday: 10 treadmill miles / easy swim just focusing on upper body and using a leg float to rest my legs Wednesday: Planned rest
day.
ArkStorm 1000 year study: The United States Geological Service with California's Dept. Water Resources, modeled a 25
day ARkStorm — the «Atmospheric River 1000 ″ [year] Storm», likely to cause ≥ 350 % damage of a 7.8 magnitude San Andreas fault
ShakeOut earthquake (Porter et al. 2011).
So with the freewheeling
days of 2006 and 2007 unlikely to reemerge, the industry is likely to face a continued
shakeout.