trill25 Oct 2016 23:09
not with aim stocks..especially with 20m odd market cap ..but with bigger companies, a lasting rising trend for 3 months or so , shows that something is fundamentally going in the right way...volume shows that the change of sentiment..the price itself of course is irrelevant, but where there are more educated investors, the chart represents how they value the company....aim shares are mental though, they can go up for 3 months or so, and then just turn back that way..but i can tel you as a fact one is better of trading stocks with rising sp.....statistically stocks that make new highs will contine to do so, and stocks that make new lows will continue to do so...those are real gems though and vice versa if you find one that is oversold or overbought