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Nothing good happens below the 200-day moving average, according to a quote often attributed to legendary trader Paul Tudor ...
it's important to understand that the larger the chart time frame, the stronger and more lasting the golden cross breakout tends to be. The image below uses a 50-day and a 200-day moving average.
The chart below shows the one year performance of AROC shares, versus its 200 day moving average: Looking at the chart above, AROC's low point in its 52 week range is $17.265 per share ...