Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Hi Fc
Punters get use to the same pattern. When stocks are trending up long term, corrections tend to be v shaped.
But after a big correction that brakes the long term up trend you tend to get a false rally, the rally will fall short or fail to hold past support (that often becomes new resistance) the next downtrend will often put in a lower low when all bad news is out & huge relative vol fails to push prices lower you finaly have the absolute low. Then you need a base the longer the better.
You might like this TA link.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.