A trend is your friend
This is an abosolute truth. It looks simple but trust me, its tricky at times especially for beginners in technical analysis. Tulad ng kahit na anong pagaaral, makakatulong lang ito kung alam mo kung paano alamin ang trend
Trend- ito ang pag galaw ng presyo sa stock market. Minsan tinatawag din itong Market direction.
3 types of trends:
Bullish o Uptrend – Higher high and Higher low. Mas mataas si high point 2 kay high point 1 ganun din mas mataas si low point 2 kay low point 1.
Bearish o Downtrend – Lower high and Lower low.Mas mababa si high point 2 kay high point 1 ganun din mas mababa si low point 2 kay lower point 1.
Sideways – Neither uptrend or downtrend.
