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Re: XenaLives post# 45667

Tuesday, 03/15/2022 9:50:02 AM

Tuesday, March 15, 2022 9:50:02 AM

Post# of 60416
That's a really good point. Another confirmation that the trend is your friend. Definitely one should pay attention to the overall market with investing. When markets in general are bearish, stocks will be bearish also, with a few exceptions of course.

Last year when the general market was bullish getting higher highs and higher lows, FCEL was diverging in pps from that and generally getting lower highs and lower lows. Well that divergence is continuing. When the market yesterday went down, FCEL went down a lot more percentage wise, still diverging in pps from the overall market.

Now that the market is bearish overall, and if FCELs trend continues, then it will be even more bearish.

Trend is your friend, pay attention to it.

Kleptocrats: a ruler who uses political power to steal his or her country's resources.

Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed.

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