this is why #technicalanalysis is so important in #stockstrading
We all know that good stocks, by nature, tend to go up in the long run, but how many times you lost money although being right? How many times you took a bad entry just because you rushed it?
Technical analysis and patience are key skills if you want to be profitable.
In this chart, HD broke the falling wedge pattern right at the SMA200 support, which reinforces the long term BUY signal.
Technical analysis and patience are key skills if you want to be profitable.
In this chart, HD broke the falling wedge pattern right at the SMA200 support, which reinforces the long term BUY signal.