bullish
Weekly Stock Bullfinder - Week of 11/21
SUMMARY
- One useful way of finding emerging trends and potential market leadership is by spotting divergences in sectors, companies, and indexes.
- Alternatively, spotting negative divergences can be useful to identify when existing trends are reversing or about to reverse judged solely by the observed price action.
- Divergences can often give helpful clues of new market leadership which then can be confirmed by technical charts and especially volume or accumulation signs.
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