Everywhere you turn you will hear "this is a great buying opportunity". DON'T BE FOOLED! The best buying opportunities occur at market bottoms and we are no where near a bottom. How do you find a bottom you ask? When a chart carves out a bottom, you will usually see a period of what is called accumulation. Accumulation is a period of time where you see a period of time that price moves horizontally before a breakout and run up.
In case you were wondering, the following is a real chart example of accumulation and distribution.POLITICS, ECONOMICS, FINANCE (no information contained within is a recomendation to buy or sell anything)
Have questions about a stock or etf?
If you have questions about the technicals of any stock or ETF
simply leave a comment with your question on one of my daily posts or tweet me your question @DeadAgain803 and I will
analyze it for you.
simply leave a comment with your question on one of my daily posts or tweet me your question @DeadAgain803 and I will
analyze it for you.
Showing posts with label media. Show all posts
Showing posts with label media. Show all posts
Tuesday, August 9, 2011
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