True Religion Apparel (TRLG) just flashed a death cross.
The red price bars showing underperformance vs. SPX since early February.
We can see the huge gap down move from dissapointing earnings news.
Will the bears find enough ammo to break the key $25 support area?
The death cross (technical formation when the 50-day moving average drops below the 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.