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Ebay NASDAQ:EBAY is down trending and this makes it a good shorting position
type of stock
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To find this stock we did the following 3 things:
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#1- Used The CCI indicator
#2- Used the trend line
#3- Used the reversal market psychology
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Disclaimer: Always remember to do your own research before you trade. This is not financial advice.
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Do not buy...
A penny stock is a stock priced below $1.
As a chartist you dont need indicators.
You want to stay within volume.
When you become a chartist it doesnt matter what industry you are in.
In penny stocks make sure the price is affordable.
In case look at the top left to the bottom right.
Be a chartist and look at price direction.
As Timothy Sykes says dont buy...
