In previous, ‘Charting Stocks for Dummies‘ we looked at stock charts that made a quick pop and a one time only event. In this edition we are going to look at a longer term trend and when to figure out if its been busted or not.
Remember
In previous, ‘Charting Stocks for Dummies‘ we looked at stock charts that made a quick pop and a one time only event. In this edition we are going to look at a longer term trend and when to figure out if its been busted or not.
Remember
In previous ‘Charting Stocks For Dummies‘ we have looked at charts that have broken out to the positive side, but this time we are going to look at a stock that we predicted to get rejected by the resistance and
Last time we looked at a simple pullback play off support. This time we are going to look at a great wedge breakout, which resulted in 10% returns in just 3 trading days.
Remember that these case-studies are to see if stock trading can really be
Yesterday I showed a chart of YRCW that I captured during market hours. It was a fairly simple and low risk setup.
Very quickly the stock popped higher like expected; however, the question is, is it really that easy?
While you might not always see such immediate results, the answer