What is a Buy Configuration?

A Buy Configuration is a special type of Stock Configuration, comprised of moving averages of the stock's weekly closing price. When a stock is showing a Buy Configuration, it is an indication that the stock should be further considered for purchase.

When a stock registers a Buy Configuration, it is an indication that Market Direction in combination with and the recent price movements of the stock are such that it appears conditions are favorable for the price of the stock to continue to rise in the near-term.

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