TECHNICAL ANALYSIS | November 3, 2017
This Is What Makes Hindsight 20/20?
Sometimes we look at a chart and clearly see the trend. We wish we had only seen it earlier, when it had broken out from its basing pattern and begun its up/down trend. If only, we think, if only we had seen it when it was breaking out, we could have stayed with the trade as it rose effortlessly upwards. But is this actually the case? Even if we had been lucky and astute enough to spot the stock as it was breaking out of its basing pattern, would we have held onto the trade as it rose higher? Often not. We will explore some reasons why below.
by Stella Osoba, CMT
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