Stock Trading Selling a Stock

One very major reason that you may need to consider selling your stock is when it has gone sour by underperforming in the stock market. There may come a time when investing on certain stocks may even cost you more than the actual money that you get in return. There are times however, when you do not necessarily have to sell within the instant. Make sure that you check possible reasons why your stock has not been doing well, many different factors like the wrong market timing or the bad news within the company may normally cause some decline in the stock price. But when you have noticed that your stock has not been meeting your expectations for a consecutive number of trading days, and then it may certainly be better to just save yourself from losing more money. There are always more trades to look at.

Selling a Stock

CHF/JPY

Summary :
Target Level : 123.2005
Target Period : 2 days
Analysis :
Channel Up identified at 07-Oct-03:30 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 123.2 within the next 2 days.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 124.379Last resistance turning point of Channel Up.
Support Levels
( A ) 123.2005Last support turning point of Channel Up

 

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GBP/USD Chart

Summary :
Target Level : 1.5255
Target Period : 3 days
Analysis :
Falling Wedge has broken through the resistance line at 01-Oct-16:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 1.526.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
Support Levels
( A ) 1.5109Last support turning point of Falling Wedge.

 

EUR/JPY Chart

Summary :
Target Level : 132.8936
Target Period : 2 days
Analysis :
Triangle has broken through the support line at 30-Sep-16:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 132.894.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 135.038Last resistance turning point of Triangle.
Support Levels
( A ) 133.948Last support turning point of Triangle.

 

EUR/USD

Summary :
Target Level : 1.1117
Target Period : 2 days
Analysis :
Triangle identified at 29-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.112 within the next 2 days.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 1.1281Last resistance turning point of Triangle.
Support Levels
( A ) 1.1117Last support turning point of Triangle.

 

EUR/USD Chart

Summary :
Target Level : 1.1117
Target Period : 2 days
Analysis :
Descending Triangle identified at 28-Sep-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.112 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.1213Last resistance turning point of Descending Triangle.
Support Levels
( A ) 1.1117Last support turning point of Descending Triangle.

 

Forex USD/JPY Chart

Summary :
Target Level : 120.6555
Target Period : 2 days
Analysis :
Triangle identified at 23-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.656 within the next 2 days.
Supporting Indicators :
RSI below 40
Resistance Levels :
( B ) 120.6555Last resistance turning point of Triangle.
Support Levels
( A ) 119.6395Last support turning point of Triangle.