Bottom Picking Indicator

Following up on our discussion on looking for bottoming action, we are going to look at one simple indicator, or in this case, chart pattern to gain insight into a possible bottom for a stock after a sharp sell off. To be clear, there are a host of other factors to consider besides this one … Continue reading Bottom Picking Indicator

How To Know How Low Is Low

We are now well into the market selloff that started just a little over a week ago in mid February and the body count is still rising.  Stocks that had shown relative weakness have continued their descent, but now even heretofore strong stocks are joining in the selling.  There are technical reasons for this that … Continue reading How To Know How Low Is Low