What does "trading range" mean here?

Go down

What does "trading range" mean here?

Post  KajolThappar on Tue Sep 28, 2010 11:23 am

Great question!
Sometimes a stock will bounce around in a certain price range - for example between $8 & $12 over a long period of time. This is referred to as the 'trading range.' The chartist that you were quoting is essentially advocating that you would want to wait to buy a stock until it breaks OUT of the identified trading range. So, in our example, if the stock that has been bouncing between $8 and $12 for 18 months suddenly jumps to a new high of $14 because of more profits and earnings due to a new project, product or service, then this may, according to your quoted authority, be an opportune time to pick up the stock.
Hope you found that most helpful....

Solar panel-Make Solar Panels at Home

Last edited by KajolThappar on Mon Nov 01, 2010 5:16 am; edited 1 time in total


Posts : 12
Join date : 2010-09-28

View user profile

Back to top Go down

Re: What does "trading range" mean here?

Post  wringle on Mon Oct 18, 2010 4:01 pm

A panicky decline followed in March and low levels were reached on March 26, 1929. Stocks held in a narrow, trading range or accumulated for about two months.

Stock Update


Posts : 2
Join date : 2010-10-18

View user profile

Back to top Go down

Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum