I guess you are referring to the recent break of the confirmed
medium-term trendline. Well noted. From the timing of your post, I do wonder
though if you are using a linear price scale. I say this because using a
logarithmic price scale, this break occurred a week ago, giving an exit at
$6.46. Using a log price scale also puts the 3 major lows on a nice confirmed
longterm trendline. With a linear price scale, this trendline remains
unconfirmed and too far away from current price action to have any real
Stocks like AIA are very tradeable and it is not all that difficult to beat
buying and holding. How do your paper-trading results compare? What
indicator(s) are you using? Moving averages work quite well on stocks that have
good clear trends, such as this one.
By way of a disclaimer, I will state the obvious here - the longterm uptrend
remains intact and longterm holders of this stock should ignore this
medium-term sell signal.
Some people get upset if you post a sell signal on one of their chosen stocks.
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