The Inogen Inc. chart shows that it takes much longer to reach a Peak new All-Time High. However, a Topping Formation or Business Bear Downtrend occurs much faster. There is triple or quadruple the points profit in half the time when selling short a stock as compared to buying it going long in the market. This stock is now at a support level and is no longer a viable sell short candidate.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.
www.TechniTrader.Courses
Learn how to use the technical patterns of each market participant for better trade planning.