Thursday, April 28, 2016

Identifying Trend: The Anatomy of a Trender

One can be confused when you see a chart.  Is it making higher lows for a long or is it making lower highs for a short.  If you can find the important levels that it builds upon, you can figure out which way the stock is likely to go.  Trends are like building blocks, they build on top of each other.  


But, no it is not a long.



2 comments:

  1. Good to know Jake, I would not have seen that set up. Thanks and keep up the good work!

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