Stock Articles & Discussions
These articles are not meant to be used as financial advice for stock investing as I am a true beginner in the stock market who has yet to turn a profit. The intent of these articles is to invoke discussion of different stock market ideas and strategies, hopefully with input from investors more experienced than I.
Articles and Discussions
What is a Trend?
by: Shane Goodwin | Jan 25, 2007 | 0 Comments
Anyone interested in the stock market knows what a trend is or at least should know what one is. I can look at charts and spot trends in numerous stocks and indices at any time. But how do we know what kind of trend it is? Is it a primary trend? Or is it a counter trend as defined by the wave theory? If a stock has recently bounced back from a new high or low, how do we know if this is the start of a new trend or just a bounce along the main trend?