How to Find When a Trend Is Transitioning

We use technical analysis because great growth companies aren't always great stocks. We've put every stock in the investible universe into one of four categories, either an uptrend, a pullback, a downtrend, or a snapback. As long as the price is above an upward sloping 150 day moving average, you should hold it. But we normally trim just for risk management purposes when a stock does go into a pullback. In general, we're usually out by the time it gets to a downtrend.