Trading with The Trend Example 12

During the last week, nothing out of the ordinary happened on the markets. This means that this strategy performed as expected, which means that most stocks experienced slow but steady gains last week. This is what trending stocks tend to do.


Here is this week's mega trending stock:


This stock is currently right on the 50 day moving average (dma). This means that it must continue falling next week in order to avoid getting stopped out. This in turn means that this is a low risk, and potentially low reward play.