Sentences with phrase «of downtrending stocks»

For example, now that the broad market is in a confirmed downtrend (at least two «lower highs» and «lower lows» have been set), we are NOT interested in going long (buying) counter-trend bounces into resistance of downtrending stocks.

Not exact matches

The downtrend in many of these stocks was exacerbated Friday after the Dow Jones industrial average dropped nearly 666 points, marking the index's sixth - largest points decline ever.

The stock bounced to $ 8.05 in 2010 and tested that resistance level in 2013, bringing a reversal and downtrend that posted the second higher low of the 10 - year period in January 2016.

Although stocks have been in a downtrend just 18 % of the time, 42 % of all losses have occurred in that small window.

When a stock undergoes this type of price action in a weak market, particularly if the stock was a former leader, it often presents a rather profitable opportunity for our subscribers who are prepared to bring home the dosh in both uptrending and downtrending markets.

Nevertheless, the stock still must contend with an abundance of overhead resistance because it is merely bouncing off support of its (downward sloping) 50 - day moving average and prior downtrend line.

Given the immediately negative reaction to earnings of Apple ($ AAPL), which was trading 6 % lower in yesterday's after hours trading, leading stocks, ETFs, and the main stock market indexes could now be on the verge of finally moving out of the choppy, erratic range of the past several weeks, albeit entering into a new intermediate - term downtrend.

But now, the stock has broken out of this downtrend channel and has started moving up.

# 1 Breakout from Downtrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pDowntrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pdowntrend channel for the past year.

Our signal to list $ PLNT as a potential setup in our stock trading newsletter came on November 7, as the price rallied above the short - term downtrend line (upper channel of the handle).

Unlike our stock trading strategy, which focuses primarily on Breakouts and Pullbacks in uptrending markets, we afford ourselves a bit more diversity with our ETF trading strategy because we also seek to take advantage of ETFs reversing from downtrends.

In this video, Wagner discusses the «trend reversal» entry, which is used to buy a stock or ETF that is reversing out of an intermediate to long - term downtrend after the broad market has done the same.

There are quite a good number of reasons for stock market corrections and downtrends, and in each situation, there's been an eventual recovery.

Butter Sales Are Up The rest of the stock market is currently on a downtrend, but butter sales are up!

Chinese stocks, as measured by the iShares FTSE China 25 Index ETF (NYSE: $ FXI) spent most of 2011 and 2012 in a downtrend, though in the past two months they have shown signs of life.

Being aware of what momentum means and does, we want to make sure that you don't make the costly mistake of buying stocks on a downtrend, but rather buy stocks when price momentum works in your favour.

An awareness of what momentum means and its effect is clearly helpful but we also want to make sure that you don't make the costly mistake of buying stocks on a downtrend, but rather buy stocks when price momentum works in your favour.

But now, the stock has broken out of this downtrend channel and has started moving up.

However, the practice of buying downtrending stocks is such a pervasive and major error that the importance of eliminating it from your bag of tricks can not be overemphasized.

Yesterday, Emerson Electric (EMR)-- which was featured as Dave Van Knapp's Dividend Growth Stock of the Month for March 2015 — burst through its «secondary downtrend resistance line» on solid volume.