Its not that uncommon to hear the old saying Trend is your Friend. This is such a good point in the stock market world as all stocks always have a trend. It could be spread out over a 5min chart, a daily chart or even a weekly chart.
A trend will always show the potential direction of a play, and at the same time, when the trend is broken it can show you the reversal as it happens.
When all else fails, check out the trend.
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*Please note: Elite TradeZ LLC is an online platform for chats, education and alerts. All information here is for educational purposes only and are opinions made by the author. These are only suggestions of the author and not financial advice or solicitation to buy or sell equities. Trading stock and options require a high degree of skill and high level of risk. Please contact your financial advisor for any questions you made have.