The 52 week high strategy is mainly for those wanting to invest for the medium to long term. For those who want to invest for short term, the lower time frame charts like 3,6 months chart also will do well. It doesn’t matter how much time period you are considering. Basic idea is that the stock has to cross a crucial set of resistances on the way up. These have in the past been supply zones for the stock’s upward journey and once these are cleared the further road ahead till the next road block is usually easy.
The whole idea of this thread is to grasp the idea of strong breakouts. One can modify investment styles based on this basic premise.
| Subscribe To Our Free Newsletter |
