MET is also in a clear downtrend which has been running for about 6 months.
This stock has quite volatile price action, with short-term swings of up to
20%. The probable cause of this is the erratic volumes traded, with no trades
at all some days. This makes TA less reliable in that an extreme spike can
trigger a premature buy or sell signal.
A suitable oscillator to use with this type of stock is the Relative Momentum
Index, as this will help moderate the price fluctuations to some extent. The
RMI gave a buy signal about 6 weeks ago.
Cautious buyers would wait for a trendline break.
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