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Stock impact report

Stocks are falling, but wait for these signals before deciding it's time to buy [Yahoo! Finance]

Amphenol Corporation (APH) 
Last amphenol corporation earnings: 4/22 08:00 am Check Earnings Report
US:NYSE Investor Relations: amphenol.com/investors/finance_news
Company Research Source: Yahoo! Finance
Most important, it has broken below the trading range that had been in place since last November. There is tentative support at this week's lows, near 5,525. There also may be support at last September's lows, at 5,400. The U.S. market currently is quite oversold, but oversold does not mean “buy.” Rather, we are still waiting on confirmed buy signals, which for the most part have been evasive. Oversold rallies can be strong initially but generally fade out when they reach the declining 20-day moving average, which is currently at 5,900 and falling quickly. Still, that would suggest a 300-point rally once it gets underway. Most Read from MarketWatch My stepmother inherited 100% of my father's estate. She's leaving everything to her two kids. Is that fair? ‘It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell — or buy? Are we now in a stock-market correction, pullback or bear market? Here are 6 charts to watch. ‘I Show less Read more
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