Rebound or fakeout? The 200-day MA holds the key to the next big move [Video]
|![Rebound or fakeout? The 200-day MA holds the key to the next big move [Video]](https://editorial.fxsstatic.com/images/i/charts-01_Small.jpg)
Watch the video from the WLGC session to find out the following:
-
What key price levels need to be broken for a real rally to 6,000?
-
How to identify a true market rebound versus a weak rally that could fail.
-
How the volume spikes signal potential trend shifts.
-
And a lot more.
Market environment
The bullish vs. bearish setup is 103 to 487 from the screenshot of my stock screener below.
The stocks ready to soar
17 actionable setups such as ARQT, ARIS, EVER were discussed during the live session before the market open (BMO).
Arcutis Biotherapeutics (ARQT)
Aris Water Solutions (ARIS)
EverQuote (EVER)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.