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What Does The Stock Trendify Iphone App Do For You?
Being on the right side of the trend is probably the single most important thing an investor can focus on. If you are unknowingly buying a stock in a downtrend that downtrend may get worse and the stocks price may continue to plummet before it levels off. That can mean losses of 20%, 50% or even in some cases 100% of your money just because you weren’t willing to wait until that stock was in an uptrend.
There are many reasons that a stocks trend is so important. The main reason is the “BIG” money is putting their money where their mouth is and they are buying more than they are selling. The big institutions are the ones who can move stocks prices with their actions and in the case of an uptrend this means they are willing to pay higher prices to fill their purchase orders. Watch the videos below to learn more about how we calculate the Stock Trendify Red/Green coloring.
If you see a “Red light” you are looking at a stock in a downtrend and you should be looking to take profit on moves higher.
The red light can also mean your stock is on the verge of breaking down.
The “Green light” means the stock is in an uptrend and you can now look to buy on pullbacks.
It also means your stock is currently in the safe zone and is in an uptrend. Just because you are seeing a red or green doesn’t mean this is a buy or sell recommendation and you should jump to buy or sell. It does give you an important piece of information where you can now assess if its time to lock in some profits or minimize losses. It also can help you further narrow down your watchlist of stocks to buy or sell so you can give yourself an important edge over many of the other traders out there.
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