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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