Moving Averages Signal Solid Foundation for Extended RallyTechnically, this move is being fueled by breakouts above the 50-day and 200-day moving averages, making both support at $58.61 and$60.57, respectively. Furthermore, with the market spending so much time under these moving averages, a strong base has been built, giving the market solid support for an intermediate and long-term rally.Real Buying Power or Just Another Short-Covering Spike?But is this the start of a long-term rally, given the well-supp ...