A stock can look incredibly strong on a daily chart while still being trapped inside a six-month downtrend. Another stock may appear boring over the last few weeks but sit inside a powerful long-term uptrend […]
Tag: Momentum Trading
Momentum trading sounds wonderfully simple: find stocks moving strongly, buy the leaders, and stay with the trend until it weakens. Real markets are considerably messier. A stock can break above resistance on Monday and reverse […]
Buying stocks simply because their prices have already risen sounds almost too easy. Yet momentum has remained one of the most researched anomalies in financial markets for decades. The basic idea is that stocks performing […]