Login

Take a look at all of your stocks on the weekly time frame with the 200-period simple moving average on it. If you have large profits and the price is very far away from this moving average (using its history on the chart as your guide), then you might consider taking those profits while the prices are extremely elevated.

Thank you.

PBR is a prime example. It pulled back from the $17's to the $11's. Yet we knew and saw the risks BEFORE it happened.

...and there's the updated chart with the huge % pullback that I said ahead of time was likely to happen, just by gauging its distance away from its 200-week moving average.

Stories