Videos
Trend lines are a way for you to predict price because technical analysis is based on future predictions.

Trend Lines

– Trend lines have to hit the price points two or more times
– You can have a positive or negative trend
– They help you look at the future
– They can change angles at higher or lower slopes depending on how strong the trend is
– Trend lines can be validated with a third or fourth point
– Pay attention to trend line spacing or the distance between each point
– Tighter points have more validity toward the trend line
– Pay attention to angles: the steeper the angle of the trend line, the less validity its support and resistance has (because the price points are being climbed rapidly)
– Both upward and downward sloping trend lines can help you to predict future prices within technical analysis

#technicalanalysis #trendlines #stockslines #stockmarket #markettrends

Posted at: https://tradersfly.com/blog/understanding-trend-lines-within-stocks/

???? GET MY FREEBIES

Freebies

???? SUBMIT A VOICE QUESTION

Question – Hungry for Returns

???? START HERE: FOR NEW TRADERS

Start Here – for New Traders

???? START HERE: OPTION TRADERS

Start Here – Option Traders

???? MY CHARTING TOOLS + BROKERS

tools

???? MY COMPUTER EQUIPMENT

Resources: Computer Gear

???? GET THE NEWSLETTER

YouTube Newsletter Signup

???? SEE OUR MEMBERSHIP PLANS
https://tradersfly.com/go/members/

???? STOCK TRADING COURSES

See All Our Trading Courses

???? STOCK TRADING BOOKS:

Our Stock Trading Books

? GET PRIVATE COACHING

Coaching for Stock Traders

???? WEBSITES:

Home Version 2.0

Home Page

Homepage 2.0

Home

Home

???? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/

? SUBSCRIBE TO OUR YOUTUBE CHANNEL
https://tradersfly.com/go/sub/

???? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/

???? ABOUT TRADERSFLY
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.

Stock trading can be a brutal industry, especially if you are new. Watch my free educational training videos to avoid making big mistakes and just to continue to get better.

Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!

Articles You May Like

Steer Clear: 3 Magnificent 7 Stocks That Aren’t So Magnificent After All
No slowdown in spending among the wealthy on this Bahamian island
7 Up-and-Coming Tech Stocks That Could Be the Next Superstars
3 Stocks at Risk of a Dividend Cut: March 2024
7 Struggling Semiconductor Stocks to Sell in March