Why trade stocks that have been falling for a long time?
Well, the fact is such things as "Dead Cat Bounce" exist along with "Technical Rally", "Reversal" and "Rounding Bottom" sometimes against company fundamentals. While we can debate endlessly the virtues of company fundamentals influencing future share price movement, after decades of trading and seeing share price move against fundamentals on many occasions, I have accepted the reality of technical indicators being more accurate predictors of future share price movement (at least short-term of days/weeks for this technical swing trader) and now I trade mostly on technical indicators and have made way more money than trading on fundamentals.
The technical indicators used on the Swing Trading Template with faster 5/30 Moving Average graphing (Instead of slower 50/200 MA default) provide usable more realistic practical triggers to track and determine BUY points for stocks undergoing Dead Cat Bounce/Reversal/Rounding Bottom/Cup and Handle/Breakout Up/Covering Short Position/Short Squeeze and SELL points for Pull Back/Short Position/Rounding Top/Reversal/Breakout Down < Definitions added to the Intro Page >
Here are some Investopedia definitions used for technical swing trading that range from BUY to SELL and SHORT to COVER:
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