
Ep. 34: Bruce Fraser On The Importance Of Timing And Technical Analysis
Investing With IBD
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The Stock's Backing Up
It looked like for during the summer, it could not sell off lower than $10. And then it just kept tightening up, tightening up, undercut $10. The Marksman pattern recognition starting to pick up a consolidation there. When volume dries up on the decline and you have diminishing volatility in the price bars at the same time, that is a classic clue that the stock is tired of going down.
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