Sunday, 6 March 2016

DOWNTRENDING STOCK TRYING TO REVERSE UP

AS YOU CAN SEE, A LOT OF STOCKS HAD COME DOWN AND QUITE AS MANY ARE TRYING TO BREAK OUT OF THE TREND.  THE NORMAL ADVICE IS FOLLOW THE TREND, THE TREND IS YOUR FRIEND.  IT IS SAFER TO BUY INTO A STOCK THAT IS MOVING UP RATHER THAN TRYING TO CATCH BOTTOMS.  ANYWAY HERE ARE A FEW COUNTERS TO LOOK AT ALTHOUGH IT IS ADVISABLE TO STAY OUT OF THE MARKET AT THIS POINT.  IT IS BETTER TO MISS SOME MOVES UP INSTEAD OF TAKING THE RISK OF THE STOCKS HITTING RESISTANCE. WAIT FOR THE HIGH PROBABILITY STOCKS AND YOU WILL STAND A BETTER CHANCE OF WINNING.









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