the bottom is in!, page-21

Hi lngmhq98

Re: "GBG" , Technically there is a lot of indecision between buyers and sellers in this stock this can be noted by the type of candles its producing, for example a lot of Doji type candles, the main reason for this is that the stock is lacking directional movement in any one direction, that is, its trend strength is very weak, to trade any stock successfully whether that be trend following or swing trading you need high directional movement in a particular direction. Trying to trade slow markets is a good way to lose money, I suggest you try trading only in moving markets with a ADX indicator reading of between 25 and 35, currently GBG has a ADX of just 7.9 any thing below 12 is going no where fast or consolidating within a range, its very hard to extract money out of these sort of price environments.