You will feel the urge to hold on for a new high, but trust me my friend, it’s not coming. The best thing you can do is to close your position out once you approach the 50% to 78.6% retracement levels. This approach in my opinion can be more risky depending on the volatility of […]
Blow-Off Tops: Expert Strategies for Utilizing and Identifying in Technical Analysis Read More »
When you look at the iShares Russell 2000 Index Fund (IWM), you will also see a major top was put in for the index. Both PLUG and XOMA are considered momentum stocks and so goes the IWM, so goes the volatile stocks. At the end of this article you will know how to best manage
Blow-Off Top: Understanding Its Dynamics in Trading Read More »
Given below is a comparison chart to have a thorough understanding of the difference between the concept of debit and credit. The formula is used to create the financial statements, and the formula must stay in balance. You’ll notice that the function of debits and credits are the exact opposite of one another. Debits and
Debit vs Credit What’s the Difference? Example Chart Explanation Read More »
The difference between debits and credits lies in how they affect your various business accounts. Your goal with credits and debits is to the postclosing trial balance keep your various accounts in balance. Tim worked as a tax professional for BKD, LLP before returning to school and receiving his Ph.D. from Penn State. To learn
Debit and Credit Explanation, Difference, Rules and Examples Read More »
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