2 Stocks About To Trigger The Market's Single Best Indicator
Airbnb(ABNB) Benzinga·2024-10-25 17:07
The 200-day moving average is the king of the line-in-the-sand indicators for many old-school traders. Legendary trader Paul Tudor Jones was interviewed by self-help guru Tony Robbins and said, "My metric for everything I look at is the 200-day moving average of closing prices. I've seen too many things go to zero, stocks and commodities. The whole trick in investing is: 'How do I keep from losing everything?' If you use the 200-day moving average rule, then you get out. You play defense, and you get out." ...