So what is the point of knowing if a stock’s price action or movement is healthy? If you understand a healthy move you will be able to stay in the trend longer and make more money. This will give you a better insight into when a stock is ready for a pullback.
For example, a stock moving exceptionally fast is more likely to have a pullback than a healthy stock that moves up with the trend slow and steady…
Spotting a Healthy Move: You Just Know
Spotting a healthy movement in a stock is similar to spotting a healthy person on the street… you can just tell they are healthy or unhealthy by just looking at them!
#stockchart #tradingtrend #stockmarket #tradingstocks #healthystock
Posted at: https://tradersfly.com/blog/spot-a-healthy-trend-in-a-stock-chart/
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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.