RE: Beginners Questions
(2016-07-31, 05:58 PM)Smellypunks Wrote: So I have a question about what should be done with investor stops if the stock is heading parabolic and no clear pull backs can be seen, or not on the weekly chart. Do we then move to the daily chart looking for pull backs of more than 10%? Example SOU weekly and daily chart. It just seems like the 30 MA is a long way off the price action.
It's funny that you've used this example, as this is one of my current positions. See my journal thread for how I'm dealing with it here: http://stageanalysis.net/forum/showthrea...9#pid10419
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.