The most important decision a trader will make is when to buy a stock and when to sell the stock. This is why the TRADEway team focuses on the topic of ‘trend lines’.
WHAT ARE TREND LINES?
Trend lines are lines that are drawn on a stock chart that help us identify where the stock tends to turn upwards, and after moving upwards, where it tends to stop and move downwards.
HOW CAN TREND LINES HELP ME?
Stocks often move in reliable, predictable and repeatable patterns, and these trend lines help identify where the patterns are and when the patterns change directions.
WHY DO I NEED TO LEARN HOW TO DRAW TREND LINES?
If we can successfully identify when a pattern changes directions, then we can make informed buying and selling decisions.
At TRADEway, we spend a great amount of time teaching you how to effectively identify where trend lines should be drawn, so you can maximize your potential for success.