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re: Can anybody do some technical analysis on a stock for me ?
Posted on 9/29/09 at 12:33 pm to Zilla
Posted on 9/29/09 at 12:33 pm to Zilla
Depends on what you consider bad and what kind of time-frame you're referring to. Even the strongest of stocks' charts will turn negative when it's time for a slight 4-5 day pullback or something. So in the short-term, stocks are always going from good to bad to good and so on. But in the long-term, most of your blue chip stocks that haven't experienced any serious fundamental flaws have had extremely bullish charts since the market's latest uptrend began back in March.
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