How an uptrend is formed

this is essential to powerful chart trading

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Hey There! Yesterday as I was going through my charts during my mentorship program, I noticed a stock that might be forming a new uptrend. And I thought that would be a great opportunity to show you a possible uptrend in development, so you can see how they grow. How to Pick the Best Stocks to Buy Take it from someone who's been doing it for 20-plus years… The difference between good traders and great traders is knowing which stocks to buy and when. And Jack Carter, a veteran of 37 Years, wants to share a FREE eBook showing you exactly how to do it. Reserve your copy right here So, the key to identifying an uptrend is recognizing higher highs and higher lows. Stock growth is almost never completely linear, as the bulls and bears are constantly at war with each other for supremacy. So, when we are looking at a daily stock chart, you want to see the stock forming higher highs, meaning the high price on a day (the top-most end of a candle) is higher than previous days in the trend. Then, you want to see a higher low as well, meaning the low price is higher than the previous days in the trend. Let me show you what this looks like on the stock I was looking at yesterday, actually a fairly new stock, COIN (Coinbase): As you can see, the price had settled up right around that 230 level, but in recent days it started to climb. We've seen higher highs (with that one wick reaching almost as high as 290 or so) and lower lows (today's closing price was $256). That could mean we're watching an uptrend start which would be a very good sign for the bullish momentum of this stock. I hope that helps you see these things on the charts a little more clearly. Happy trading! Markay Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. At MarkayLatimer, we are strongly committed to protecting your privacy and providing a safe online experience for all of our visitors while offering a high-quality user experience here at www.MarkayLatimer.com. We know that you care about how the information you provide to us is used and shared. We have developed this Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of Information we receive from users of the Website. Markay Latimer owns & operates the Website. This Privacy Policy, along with our Term & Conditions, governs your use of this site. By using www.MarkayLatimer.com, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our terms and this Privacy Policy. If you have provided personal, billing or other voluntarily provided information, you may access, review and make changes to it via instructions found on the Website or by emailing us at help@MarkayLatimer.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located on the bottom of any related email from the Company. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe