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It is estimated that stocks only trend about 30% of the time. The rest of the time they move sideways in range bounds.
If you look at any stock on a chart that is in a strong uptrend, you will find that the pullbacks are short lived. This gives you a excellent opportunity to buy the stock before it resumes the uptrend.
Noramlly a bull trend is defined as a series of successive higher highs and higher lows. Then also we look for proof like volume support on the trend to ha..
But do u know there are other methods used for trend analysis?
If you look at any stock on a chart that is in a strong uptrend, you will find that the pullbacks are short lived. This gives you a excellent opportunity to buy the stock before it resumes the uptrend.
Noramlly a bull trend is defined as a series of successive higher highs and higher lows. Then also we look for proof like volume support on the trend to ha..
But do u know there are other methods used for trend analysis?
