Let’s start with a definition of support and resistance. Support is an area of accumulation where the price of the stock is cheap enough so that people buy more (accumulate more) of the stock. Resistance is an area of distribution where the stock is at a price that traders deem to be too expensive or [...]
Posts Tagged ‘Momentum Trading’
Momentum Trading: A Practical Day Trading Strategy to Get Profits from Hot Stocks
March 6th, 2008
admin Momentum day trading can be extremely profitable when done correctly…Day trading momentum stocks can be a very risky adventure. You can lose a lot of money when you pick the wrong opportunities.The stockmarket can present you with a lot of hot stocks every day. Some of them are extremely risky while others are not as [...]

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