According to market cycle analysis the stock has moved into a more bearish phase. When I say"bears have taken control from the bulls" I'm referring to the fact that the sellers (bears/supply) have overcome the buying demand the bulls (traders who want to go long).
The path of least resistance is down therefore the sellers (bears) are the dominant players.
thanku so much, i really understood the shorting technique/ theory after watching this video :)
MJkarisma 6 months ago
Do you trade your stock online? If so what website do you use to short sell? Thanks
Ratman2050 1 year ago
Hi paleoconn,
According to market cycle analysis the stock has moved into a more bearish phase. When I say"bears have taken control from the bulls" I'm referring to the fact that the sellers (bears/supply) have overcome the buying demand the bulls (traders who want to go long).
The path of least resistance is down therefore the sellers (bears) are the dominant players.
MarketInsidersClub 2 years ago
do you mean like.. the speculators have now taken control over the stock price?
paleoconn 2 years ago
What do you mean by: The bears have now taken away control from the bulls?
paleoconn 2 years ago