HOW-TO Know This Chart Is EXTENDED? The Stock market overall is VERY extended
You might hear this term being used a lot these days.
For beginners, it could be a confusing thing.
In trading we like to time our entries. We don't want to buy something when its "too expensive"
In Chart terms, an expensive stock is one that has trend strongly for a period of time and showing signs of Exchaustion or Reversal
In this video I try to explain what makes a chart an "extended" or "Over Priced Stock"...
I use my Indicators and Chart pattern to answer this question.
Let's see how!!!
