On the other hand, negative price action on the next day is seen as a more bearish signal. (coinstocks.com)
To ensure consistent, long - term profitability as a swing and / or position trader, it's imperative to ride the profits on your winning trades until negative price action gives you a valid reason to sell. (morpheustrading.com)
If the broad market follows through on yesterday's negative price action and pulls back in, we could see at least a shallow, two to five - day selloff that causes the major indices to find initial, minor technical support near their 10 - day moving averages (not shown on the charts above). (morpheustrading.com)