Cheers Rich I love a good looking chart with the trend line pointing upwards. RSI a bit of a worry but we are in uncharted (pun intended) territory. GLA
Hi Spy if it is not too rude to ask does the margin call only apply to GGP? As margins are usually called to protect capital running into negative territor does this mean that IG expecting GGP to fall on Monday?
The full version should be, “The trend is your friend, until the end when it bends.”
An uptrend can be defined as a chart with consistently higher lows. At each higher low, traders are deciding that the pullback in price is a good time to purchase more of the stock. The buying pressure of more and more investors deciding to buy the stock adds more demand and so a higher stock price. This can be shown on the stock chart as the stock continues to move in an uptrend.
Trend—a stock’s overall direction—is the second most important technical tool next to Volume.
To identify a potential change in trend, look to the stock’s Volume and Price Direction
thirdman same applies to me. There is just a hint that it could be two rainbows for me in 2020 but my other one has not started yet. In both cases PIs claim each will be the best AIM share in 2020 However, I should take some profits soon in case it all evaporates like it has done so many times in the past. But oh this time it is different ha ha :-) ATB
Uncrossing Trade: During the auction period, there may be a point (or price) at which the best BID and best ASK match and a trade takes place. This trade on the London Stock Exchange (LSE) is known as an Uncrossing Trade.