Learn THIS Reversal Pattern

[@hanypall]

Thanks for sharing, Great information.

[@investlikeapro7977]

Absolutely! Thanks for the feedback

[@titusrider7948]

Really great lesson Joe, would love to see you do one for the topping. My experience indicates it's not quite the same as just inverting this lesson 😅

[@investlikeapro7977]

I can look to do that at some point. I think there is a lot of overlap in terms of the signal but declines often happen much more quickly.

[@SarkisKlinik]

Hello, What was the deep decline that happened before one month with almost all individual stocks and major indexes? 1-Was that a deep pullback ,simple pullback or just called something else? 2-Was that just a consolidation? 3- Was it a market correction ? Usually, how many times per year does it happen? Thanks

[@investlikeapro7977]

I really do not understand the question. What decline are you referring to? If you mean the one in April, then that is a pullback. The decline that started at the end of last year and bottomed in Feb was a correction. Pullbacks happen on a regular basis - maybe every other month. Corrections are less frequent but usually at least a few times each year.

[@SarkisKlinik]

@@investlikeapro7977 Thanks. I mean both ,but specially the pullback of April. Is it wise to sell all stocks in the portfolio right at the beginning of such pullbacks? I noticed at those times, you lose your money and time on almost all stocks. Thanks

[@jasonclement6305]

I'm frustrated that I missed xlu even though watching it like a hawk. Can't get em all

[@investlikeapro7977]

Can't catch em all. But, also, some of these are just breaking out. An orderly pullback would look interesting.

[@jasonclement6305]

@@investlikeapro7977 maybe solar as a utility high beta laggard as well. Top watch right now.