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Buy Signal |
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Buy Signal In charting and technical analysis, any condition thought to be favorable to buying. Examples include a double bottom and achieving a new high price in heavy trading volume. See also: Sell Signal. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| GLD ETF trading – pivot trading low
Last week we had our pivot trading low generate another buy signal for gold. I have to report that one of the most reliable indicators of an equity bull market, the Coppock Indicator, has just delivered a massive equity buy signal. In other words, all those "watchers" of the company mentioned above know the company is doing well so they have been buying its stock and have therefore caused the technical buy signal to be generated. |
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