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Technical Breakout Stocks: Best Long-term Equities to Own Right Now
Are you a long-term investor whose portfolio has been decimated by all this market volatility? While many of the adventerous type seek the pot of gold at the end of the China rainbow, you’ve decided that it just doesn’t feel right.
And who could could blame you…
We’ve exported our fluff market euphoria over to their terrain and you know what? Pretty soon that deck of cards will come tumbling down as well. I guess it’s the growing pains of a youthful and vibrant economy. The United Sates went through the same boom and bust years during our market maturation —…
1Apr2008 | S. Oakes | Comments Off | ContinuedVolume Volume Volume Part II
In another example, a two to three day climb occurs with a star doji forming at the peak. This indecision coupled with low volume is a good indication that the price will come tumbling down.
Another tip to consider are huge volume spikes, whether in a downtrend or uptrend, can prove to slow down or completely halt the current trend.
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