You can see the daily chart gives very few clues on when to take profits..
The weekly chart gives clear signals when to take profits...
the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..
tb
5.17.2009
Daily vs Weekly Charting...
I was taking a look at Ford's stock and wanted to show the difference between daily and weekly charting...
You can see the daily chart gives very few clues on when to take profits..
The weekly chart gives clear signals when to take profits...
the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..
tb
You can see the daily chart gives very few clues on when to take profits..
The weekly chart gives clear signals when to take profits...
the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..
tb
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