A decline without ‘strength’ may be short lived

The downward trend in many stocks which I either watch or own has been weak.

My medium-term indicators show that the decline has not occurred with ‘strength’.

Thus, it suggests the lower prices seen over the past 4-5 weeks is a ‘spike’, rather than a sustained trend.

So, I’m watching if the ‘strength’ increases.

For now, it hasn’t.

Without ‘strength’, the downward trend may fade.

by Rob Zdravevski

June 19, 2022

rob@karriasset.com.au

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