Trending Stocks - new 52-week Highs and Lows
Stocks making new 52-week Highs are in a territory where they have cleared
any technical trading resistance and therefor have the potential to make
significant moves upwards.
Conversely, a stock making a new 52-week low has cleared itself of any support
and could potentially move significantly downwards.
The new high or low that a stock is making is not enough of a signal
on its' own to intiaite any long or short position - in other words, the high/low
signal is your starting point to conduct further technical and fundamental
analysis.
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