Jackson Financial (JXN) Recently Broke Out Above the 50-Day Moving Average

From a technical perspective, Jackson Financial (JXN) is looking like an interesting pick, as it just reached a key level of support. JXN recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend. Share ...