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| Discuss trend at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, how can we know if a stock is still on the upward trend or ... |
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#1
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hi,
how can we know if a stock is still on the upward trend or downward trend? is there any techincal indicators which we can use to confirm trend? thanks |
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#2
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Quote:
As long as stock makes lower tops and lower bottom,it is in downtrend. We can confirm it by drawing trendline. |
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#3
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is this chart uptrend or downtrend?
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#4
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Quote:
then identification of trend will be easier. Attached chart shows uptrend.Though at initial stage of chart ,price making lower tops ,but it is not making lower bottom.And at the end of chart it is making higher top, So it is uptrend. |
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#5
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but there are three black candles on the last 3 days after a breakout. Could this be a reversal?
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#6
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Quote:
Stock has increased substantially,it is simply a correction or retracement. But uptrend is yet intact. |
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#7
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how can i learn to see this?
any indicator that can help me on looking at trend ? i have also uploaded the full chart again. pls see if the uptrend is still intact. thanks Quote:
Last edited by cmlee : 28th September 2005 at 05:59 PM. |
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#8
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Quote:
If you are long term investor,then follow the trend . |
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#9
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i have also uploaded the full chart again. pls see if the uptrend is still intact. thanks
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#10
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Quote:
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