May 21, 2018
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US Stock Analysis
CNXN PC Connection and MA and Bollinger Bands
We studied PC Connection using Moving Average and Bollinger Bands. Instead of using one, we use two tools. See chart, picture worth a thousand words.
Bollinger Bands:
CNXN has closed inside Bollinger Bands.
Stock Price and Moving Averages:
PC Connection, Inc. stock code: CNXN price action has closed above its Short Term 20 period Moving Average.
20 Moving Average is currently above 50 MA, and above 100 MA.
Therefore, the relationship between price action and moving averages is: bullish short-term, and also bullish in mid to long term.
Manage your risk, all setup can fail. Trade with eyes open.
Chesapeake Utilities Corporation and MACD
In addition to using MA and BB, we use MACD indicator as well. See chart for more.
See chart for more. Manage your risk.
Moses Stock Analysis
AmiBrokerAcademy.com
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