In many cases, the optimal buy point is at new highs. For investors waiting to pounce on a stock, waiting for that new high can seem like forever. Trendlines, however, offer a way to find earlier buy points with acceptable risk.
X
Trendlines are drawn on stock charts to identify significant changes in price behavior. They can reveal bullish and bearish shifts in a stock or index. When properly used on base patterns, you can pinpoint entries that let you buy ahead of the buy…