InvestorsHub Logo
Followers 20
Posts 775
Boards Moderated 0
Alias Born 02/21/2012

Re: GKG post# 3019

Wednesday, 03/12/2014 12:59:30 PM

Wednesday, March 12, 2014 12:59:30 PM

Post# of 9532
Trend depends on the timeframe of the chart are looking at, and the specific algorithm you use to determine trend.
I look at the daily charts, and the closing price.
For me, a close today below the lows of the last four days of consolidation would signal a trend change, as would an inter day extended move below $7.
For other traders using tight trend lines the uptrend was broken earlier today.