> For those wondering how successful you can be following a single technical tool, look at SZYM. It broke above the 20-day moving average nine trading days ago and, except for the following day, has been traveling south ever since.http://stockcharts.com/h-sc/ui?s=SZYM&p=D&b=5&g=...Your chart shows back in mid-October that SZYM "broke above the 20-day moving average". However, it then travelled north for the next six weeks. This directly contradicts your observation of current behavior.Perhaps one could also say, instead of the stock breaking above, that the 20MA broke below the stock. Broke below, sounds bad?Graham.
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