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/

๐Ÿ”ฅ GET MY FREEBIES

Freebies

๐ŸŽค SUBMIT A VOICE QUESTION

Question – Hungry for Returns

๐Ÿ‘€ START HERE: FOR NEW TRADERS

Start Here – for New Traders

๐ŸŽ‰ START HERE: OPTION TRADERS

Start Here – Option Traders

๐Ÿ“ˆ MY CHARTING TOOLS + BROKERS

tools

๐Ÿ’ป MY COMPUTER EQUIPMENT

Resources: Computer Gear

๐Ÿ’Œ GET THE NEWSLETTER

YouTube Newsletter Signup

๐Ÿ”’ SEE OUR MEMBERSHIP PLANS
https://tradersfly.com/go/members/

๐Ÿ“บ STOCK TRADING COURSES

See All Our Trading Courses

๐Ÿ“š STOCK TRADING BOOKS:

Our Stock Trading Books

โšฝ GET PRIVATE COACHING

Coaching for Stock Traders

๐ŸŒ WEBSITES:

Home Version 2.0

Home Page

Homepage 2.0

Home

Home

๐Ÿ’Œ SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/

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

๐Ÿ’– MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/

๐Ÿ“‘ 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

New York warily eyes bank failures, economic data as budget talks loom
SCOTUS won’t review ruling on Puerto Rico Oversight Board powers
Munis somewhat firmer in spots, USTs weaker
Inclusive Capital’s Ubben named to Vistry board as homebuilder looks to leverage recent acquisition
Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit