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Chart from © StockCharts.com |
Swing
Stocks
The objective of swing trading is to take advantage of short term
trends in short term trading, for profits. This type of trading combines the
elements of trend and day trading, however the stock is usually held a few weeks.
Swing stocks pivot on short down trends followed by short up
trends, both without regard to open and close price, and vice verse. We have applied
other fundamental elements such as Fibonnaci thresholds in order to assess such
oscillation points more accurately. The trend is your friend. |