Volatile markets, quick trending
May 25th, 2008
If there is one great thing about today’s volatility it is the quicker developing trendlines that come with it. Highly volatile stocks are pushing trends quicker, rather than having a week to a month in between top and bottom support and resistance lines, its taking just a few days. Large movements up and down fill out trends quicker and with more accuracy, slower trending is more likely to push out of an existing trend while quick movements mean a contained trend. Read more…
