BullBearMkt
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Extreme Pessimism May Cause Barratt Devt To Revert To Its Mean

LSE:BDEV   BARRATT DEVELOPMENTS PLC ORD 10P
The weekly pessimism for Barratt Developments Plc is at the extreme and this may likely cause the stock price to pullback to its mean value or begins a correction

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Comments

How are you calculating it's mean value as 683.80?
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BullBearMkt Charlieab94
@Charlieab94, it's just the average(s) from simple or exponential.
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Charlieab94 BullBearMkt
@BullBearMkt, Yes but what period average do you use when you say "mean"? There could be a million different "mean" prices depending on what period average you use.
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BullBearMkt Charlieab94
@Charlieab94, it depends on the depth of the pullback you anticipate. 10 period, 20, 50... it all depend on your trading plans
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