Ep. 112: Irusha Peiris: Using Industry Group Strength To Uncover Stocks In A Tough Market
Investing With IBD
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How to Know if a Stock Is Too Late
When the stock goes through a run, it's going to form a number of bases along its path. And so that's one way we call that stage counting. If a stock's been going up for, for a while, and if it's formed three or four of these bases, a lot of times it's become a lot more obvious. But you're never going to know in the markets for sure. Markets are insane. Even though we have all these rules, I put structure in place, but you still know that this is just probabilities.
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