SPX 52-week high reversal theory

LCapitaljr
2023-08-20

1.52-week high reversal theory $S&P 500(.SPX)$

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This means that its price may not go much lower in the near term. which occurs when a security trades significantly lower than its opening, but increases later in the day to close either above or near its opening price.

2.Swing trading is not gambling $Parkson Retail Group, Ltd.(PKSGY)$ $Parkson Holdings Bhd(PKSSF)$

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Swing trading has lesser opening positions, but they drive greater profits as well as losses for traders. Unlike day traders, swing traders do not opt to gain massive profit from a single trade. It's because they open lesser positions, the transaction fees are also less compared to day traders.

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