Lonza Group (OTCMKTS:LZAGY) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

By Lawrence G. McMillan The market broke down badly once the support at area at 5370 gave way. It eventually became oversold, and is still trying to sustain an oversold rally. Typically, oversold rallies carry up to the declining 20-day Moving Average, or perhaps just a little higher before turning downward once again. That could…