Comstock Resources (NYSE:CRK) Shares Down 7.2% – Time to Sell?
Comstock Resources (NYSE:CRK) Shares Down 7.2% – Time to Sell?
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Don’t Get Cute; Just Buy Stability: 2 Defensive TSX Stocks to Buy Now
Image source: Getty Images While Canada boasts one of the richest natural resource reserves globally, I often feel frustrated by the economic strategies shaped by what appears to be shortsighted political decision-making. Instead of capitalizing on these vast resources, our economy heavily leans on sectors like real estate, banking, insurance, and operates just two major…
Blog Post: Day 11 of $QQQ short term down-trend; Only 6 at ATH out of 6000+ US stocks; Buying stocks at an ATH is very risky now; Stocks with a gap below their declining 10 week averages are oversold and often climb back to kiss their 4wk average before continuing their decline or bottoming; see weekly chart of $SPY
The circles in the chart show where there is a gap (a space) between the 4 wk average (red dotted line) and the week’s high. That is often a sign of an oversold stock and the declining stock will often rise to kiss its 4 wk average before continuing its decline. The opposite is true…
