Category: Trade Archives

Warning: It May Be a Dangerous Time to Buy This Stock

In short, the stock is solidly into the top quartile of its long-term trend. But that trend isn’t too healthy right now — it’s been bending into a falling arc since last summer. And within that falling arc, the top quartile has been a dangerous place to buy. In fact, its typical follow-on loss from this position has been -9.54%…