Now please be kind, I'm a lost newb and have a few questions. I have done only three trades so far and although not a resounding success I'm learning fast. OK so I made a strategic withdrawl to rethink my strategy I've been looking around these boards for about a week now and there is a lot useful and wise advise to be found.
First off then. So it's supply and demand that dictates the price, right? So I'm a little confused when I see UK Coal go up by 7.25% yesterday when, according to the volume, 12 times more people were selling than buying. In fact for the majority of the day sellers far exceeded buyers. I would have thought with such an apparent selling spree the stock would be going down in price. How is this :?:
While I'm on, when a stock is in a strong uptrend what signals should you be looking for to warn of the imminent end of the uptrend before deciding to jump on board, for example UK Coal
Please see attached thumbs.
Thanks in advance for any advise, tightone.
First off then. So it's supply and demand that dictates the price, right? So I'm a little confused when I see UK Coal go up by 7.25% yesterday when, according to the volume, 12 times more people were selling than buying. In fact for the majority of the day sellers far exceeded buyers. I would have thought with such an apparent selling spree the stock would be going down in price. How is this :?:
While I'm on, when a stock is in a strong uptrend what signals should you be looking for to warn of the imminent end of the uptrend before deciding to jump on board, for example UK Coal
Please see attached thumbs.
Thanks in advance for any advise, tightone.
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