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Are you buying when you should be selling? Selling when you should be buying? Drawing a trend channel could help eliminate that mistake forever.
What you’re looking for is a stock, fund, or index that trades within a given price range or channel over time. You know you’ve found that channel when you can draw two parallel lines: one that goes through each successive bottom (support line) and another that goes through each successive peak (resistance line).
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What you’re looking for is a stock, fund, or index that trades within a given price range or channel over time. You know you’ve found that channel when you can draw two parallel lines: one that goes through each successive bottom (support line) and another that goes through each successive peak (resistance line).
1 Comment
Save & Share
Spam? Topple this!
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