AI
Me either
Whenever a stock is consolidating at it's highs it can break either Up or Down. A good example might be how the Markets consolidated at the Lows today but then made a break for the Upside. Setting a Stop and Sticking to it should take you Out of the stock if if moves against you. In this chart you can see where the moving averages failed as resistance and the price moved higher. You don't want to see the moving averages fail as Support for CBJ. Any selloff to lower support might be a good Buy trigger though. Hopefully a Stop keeps you Safe and then you can re-enter at a better price, maybe.
Good Luck Sara! :^)
Whenever a stock is consolidating at it's highs it can break either Up or Down. A good example might be how the Markets consolidated at the Lows today but then made a break for the Upside. Setting a Stop and Sticking to it should take you Out of the stock if if moves against you. In this chart you can see where the moving averages failed as resistance and the price moved higher. You don't want to see the moving averages fail as Support for CBJ. Any selloff to lower support might be a good Buy trigger though. Hopefully a Stop keeps you Safe and then you can re-enter at a better price, maybe.
Good Luck Sara! :^)
Good Luck to All! :^)
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