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How to Benefit from the Price Information of a Stock During Day Trading?

Posted By On 1/07/2008 05:19:00 PM Under
1. One must understand that the opening price of the stock price is determined by the amateurs as the initial prices are determined by the force of overnight orders clogged into the system.

2. The highest price of the stock during the day shows the strength of the bulls.

3. The lowest price of the day for a stock shows the bears maximum force in action.

4. However it makes sense to follow the last closing price of the stock as the same is set by professionals and it makes sense to follow the closing price. However one may at times miss the bus waiting for the price set by the professionals.


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