Stock Trading High

29/07/2010 00:34

 

When a stock is currently trading near its all time highs and is just emerging from a base it has been building for a few months. - A continuation above this base should lead to a test of that all time high and possibly more. One area to watch would be area of resistance it is trying to clear. If it can confirm this area as a new floor, it would likely lead to new all time highs.