Trend Lines
Trends happen when Prices move in one direction in a clearly
discernable way.
When we observe Stock Charts, we can catch Prices moving in Trends
quite often.
To determine a Trend Line, we connect as many Closing Prices as
possible with a Best Fit Line.
When we draw these Trend Lines, we can draw them using:
• Shorter Time Frames (more zig-zags) or
• Longer Time Frames
Next: Support and
Resistance ...
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