Choppy Action Has Good Side: Double-Bottom Bases

By | October 12, 2015

Scalper1 News

The choppy action in the Nasdaq and S&P 500 since August might frustrate bulls, but the wacky action has a good side. Erratic markets help stocks form double-bottom bases. If the chart action is combined with a strong industry group and stocks with solid fundamentals, then the stocks are worth attention. One group that has made good use of the irregular market action is the construction products group. Plenty of groups have risen in the industry Scalper1 News

Scalper1 News