If any one has been holding DTE on the way down hoping every day that it would go up, all of those people have had very little education.We all learn from the school of hard knocks. The investing game has changed the buy and hold strategy does not work any more. As with BOA they would of been shorting DTE all the way down. When shares go down they never go down in a straight line. Every dip and rise are people, traders, investors trying to pick the bottom. This could be the bottom this time maybe or maybe not. But experience tells me that it could be the trend change we have been waiting for this time.
HL and HT is one sign, B4 the HT & HL another thing to watch is the MACD and RSI have been diverging which shows weakness in the down trend. Plus many other things that all come with experience. Good luck to those who dare and good luck to those that are slower.
DTE Price at posting:
18.9¢ Sentiment: Buy Disclosure: Held
