By A Mystery Man Writer
If the share price hits a higher high than it did on the previous day, it gives you some indication that it may continue going up. On the other hand, if the price hits a new low, that is a lower low than it hit the day before, well, I think it's quite likely that traders are not so happy with the value, and the confidence that they used to have has gone away.
Blackbeard on X: Three easy ways that helped me to spot trends. First way - Higher Highs and Lower Lows Uptrend: Look for higher highs and higher lows in an uptrend. Downtrend
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