With Stocks, The Trend Is Your Friend
Companies / Company Chart Analysis Nov 27, 2010 - 11:02 AM GMTBy: David_Grandey
MOTR is an excellent example of “the trend being your friend” (above the green line).
The pink line is a classic All About Trends Pullback Off Highs pattern. On Friday, MOTR triggered a long side trade by crossing above the pink line!
In uptrending markets, it’s the only pattern you need to know.
We scan for set-ups like these everyday. When a stock triggers a trade, we alert our subscribers to it.
www.allabouttrends.net
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David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains. A successful canslim-based stock market investor for the past 10 years, he has worked for Meriwest Credit Union Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.
© 2010 Copyright David Grandey- All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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