Zacks Investment Ideas highlight using 200-day moving average to find buy opportunities in stocks

From Nasdaq

March 6, 2025 1:55 am:

Zacks Investment Ideas feature highlights Robinhood (HOOD), Nasdaq 100 Index ETF (QQQ), On Holding (ONON), Amazon (AMZN), and MicroStrategy (MSTR). The 200-day moving average is a powerful tool for investors to identify trends, manage risk, and find buy opportunities during market dips. ONON, AMZN, and MSTR are quality stocks to consider buying off the rising 200-day moving average. On Holding, a Zacks Rank #2 stock, has shown consistent revenue growth and beat Zacks Consensus Estimates by 90% last quarter. Amazon dominates the US e-commerce market and has a strong logistics network. MicroStrategy, the first public company to add Bitcoin to its balance sheet, is a volatile but high-performing stock, especially when bought off the 200-day moving average. Plans for a US Bitcoin Strategic Reserve may further boost MSTR. The 200-day moving average is a valuable tool for investors to navigate market volatility and manage risk. By focusing on this long-term trend indicator, investors can identify potential buy opportunities during market dips.

Read more at Nasdaq: Zacks Investment Ideas feature highlights Robinhood, QQQ, On Holding, Amazon and MicroStrategy