The weekly chart is quite powerful, as it shows the huge pick up in volume
during the rally as the price action cleared the 40 - week MA (in orange).
It did not even close below support of its 20 - day exponential moving average a single
day during the rally.
The 50 - day moving average is a very important support
level during a rally, as it is basically the line in the sand for the bulls.
Investors must be willing to sell stocks and turn gains into
cash during rallies that can then be used to buy stocks at bargain prices during this long - term bear market cycle.
New York Governor Andrew Cuomo speaks
during a rally in support of the Affordable Care Act and against the Senate replacement bill on Monday in New York.
Donald Trump speaks
during a rally at the San Jose Convention Center in San Jose, California on June 2, 2016.
New York Governor Andrew Cuomo
speaks during a rally in support of the Affordable Care Act and against the Senate replacement bill, Monday, July 17, 2017, in New York.
Protesters hold signs
during a rally for gun control at the Broward County Federal Courthouse in Fort Lauderdale, Florida on February 17, 2018.
Marine conservationist Paul Watson speaks to supporters
during a rally of animal rights activists in Berlin, May 23, 2012.
Seventeen - year - old Annie McCasland of Potomac, Maryland holds up a
sign during a rally at the U.S. Capitol to urge Congress to take action against gun violence on March 14, 2018 on Capitol Hill in Washington,
Former President Bill Clinton, right, and Connecticut Gov. Dannel Malloy, center rear, greet
supporters during a rally in support for Malloy's re-election, Tuesday, Sept. 2, 2014, in New Haven, Conn..
«Airbnb's practices are swallowing up affordable housing units, forcing New Yorkers from their homes and precipitating a spike in homelessness, unprecedented since the Great Depression,» Public Advocate Letitia James said
during a rally outside City Hall, where the report was released.
A protester holds the US
flag during a rally in support of Rustavi 2 TV channel in Tbilisi, Georgia, Sunday, Feb. 19, 2017.
Laura Goodhue (left, with microphone) speaks
during a rally by supporters of Obamacare — including Planned Parenthood and SEIU — at Currie Park in West Palm Beach Wednesday, March 22, 2017.
ANCHORAGE, AK - NOVEMBER 03: Former Massachusetts Gov. Mitt Romney addresses the
crowd during a rally for Republican Senate candidate Dan Sullivan at a PenAir airplane hangar on November 3, 2014 in Anchorage, Alaska.
Mayor de Blasio left City
Hall during the rally, passing just behind the rally as he headed toward his car.
Boston (CNN)- Tea Party activists cast their cause as a patriotic movement from Americans fearful about the nation's direction
during a rally Wednesday in Boston's Common.
National AFL - CIO President Richard Trumka speaks to protesters in Wisconsin's Capitol rotunda
Friday during a rally opposing Gov. Scott Walker's bill threatening collective bargaining rights.
People march
during a rally against police violence on August 23, 2014 in the Staten Island borough of New York City.
Republican presidential candidate Donald Trump and former New York City mayor Rudy Giuliani campaign
together during a rally at the Lakeland Linder Regional Airport on October 12, 2016 in Lakeland, Florida.
Former President Bill Clinton took a jab at Democratic - run
states during a rally in California on Wednesday.
People chant
during a rally calling for the minimum wage to be raised to $ 15 per hour before the convening of a Wage Board meeting.
His most detailed proposals
came during a rally in Pennsylvania on September 22, and an October 13 speech in Ohio.
Members of the American Federation of Government Employees protest mandatory federal budget
cuts during a rally March 20 in Washington, D.C. Brendan Smialowski / AFP / Getty Images hide caption
The list of artists who have unintentionally and unwillingly been associated with the Donald Trump campaign increased when Trump used Adele's Rolling in the
Deep during a rally as his «warm - up music.»
That is how activists, union leaders and New Yorkers of Puerto Rican heritage characterized the Financial Oversight
Board during a rally in lower Manhattan on Mon..
Retiring Rensselaer County Executive Kathy Jimino introduces the man who wants to succeed her, Deputy County Executive Christopher Meyer
during a rally Tuesday in Schaghticoke.
Later that month, City University of New York students threw down with
police during a rally at Baruch College, a few subway stops north of where the Cooper Union walkout had occurred.
Cuza said the AG did give DiNapoli a shout - out from the
stage during the rally, saying something along the lines of: «Are we gonna make Tom DiNapoli the next comptroller?»
A former US ambassador to Sweden said that the country is perfectly safe even though it had accepted a large number of refugees from Syria, refuting concerns raised by Trump
during a rally yesterday.
Gov. Andrew Cuomo speaks to NYS Planned Parenthood
advocates during a rally at the Empire State Plaza Convention Center Tuesday March 13, 2018 in Albany, NY.
Bronx, NY — As anti-Semitic hate crimes sweep the nation at alarming rates, Senator Jeff Klein, Assemblyman Jeffrey Dinowitz, Council Member Andrew Cohen and Congressman Eliot Engel, in partnership with the Riverdale YM - YWHA, joined members of the Hebrew Institute of Riverdale and other community leaders to condemn the disturbing
acts during a rally at the Riverdale YM - YWHA Thursday night.
A man waves a Syrian flag
during a rally last year in Allentown, Pa., which has one of the largest Syrian populations in the U.S. Julio Cortez / AP hide caption
Mahoney, a Republican, endorsed Cuomo in 2010 and appeared beside him on Tuesday
during a rally about his property tax rebate plan.
Donald Trump has made hats embroidered with the phrase «Make America Great Again» — an icon of his campaign and frequent giveaway
item during his rallies.
Julie Doyle, a teacher in Jefferson County, Colo., holds up a sign while marching with fellow teachers around the State
Capitol during a rally Thursday, April 26, 2018, in Denver.
Rita Pereira, a teacher in the Jefferson County, Colo., school system, holds a placard as she joins fellow teachers in marching around the State Capitol
during a rally Thursday, April 26, 2018, in Denver.
A marcher
cries during a rally in response to Gerald Stanley's acquittal in the shooting death of Colten Boushie in Edmonton, Alta., on Saturday, February 10, 2018.
Supporters of former US Democratic presidential candidate Bernie Sanders hold a giant inflatable joint calling for the legalization of
marijuana during a rally at City Hall.