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If I told you that one of the biggest secret in Wall Street is to never buy a stock that is making negative 45 degrees in its stock price, would you believe me? Oh it sounds too simple but when it comes to investing, the simple truth is what really matters. Save yourself a lot of pain by studying the charts below. By the end of it if you still do not agree with me then feel free to bottom fish and buy all the lousy stocks out there. Average down if you want.
On the flip side of -45 degrees stock is the 45 degree stock. Perhaps you might want to read about it. Stock Market Secret : The 45 Degrees Stock
Ok we shall stop at this moment and ask ourselves why we should not invest in stocks that are making -45 degrees in their stock price. The reason why you should not invest in - 45 degrees stock is:
After looking at so many charts are you now convinced not to invest in a downtrending -45 degrees stock? Or are you still so stubborn and want to discover things yourself? My friend learn from history and avoid the losses. You will thank yourself in the end. Trust me.
Nov 23, 20 09:05 AM
After breaking out of a downtrend line, the S&P 500 still looks bullish for the near term.
Nov 17, 20 05:26 AM
After the news of Tesla being added to the S&P 500, it is gapping up pre-market.
Nov 09, 20 06:56 AM
After the elections, the S&P 500 is now breaking out of a triangle pattern.
Oct 23, 20 08:22 AM
The US stock market seems to point to a Republican victory. It is still in an uptrend and therefore we should continue to remain bullish.
Jul 13, 20 07:44 AM
Here is a technical outlook for the US stock market.