Saturday 5 December 2009

Up Trend


So how do I define an up trend. To make thing simple, you can identify an uptrend by seeing successive higher crest and higher trough. As you can see on the graph above. To make it more clear, sometime you will be able to draw a trend line connecting the trough. This trend line will give you a clear indication of the trend and provide a good support level for share price in the future.


Article by
Trading Room
www.tradingforreal.blogspot.com

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