PubMatic, Inc. (PUBM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PUBM broke through the 50-day moving average, which suggests a short-term bullish trend. The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important ...