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How to Trade Basing Patterns: A Video Case Study in FSLR

February 3, 2015 By Steven Place

fslr-basing-patternBuying stocks that are in long term downtrends can be a tricky play.

How do you know that the rally isn't just a fakeout to head to new lows?

How can you be sure that the stock will see followthrough so you can profit on the long side?

There's absolutely no way to be 100% sure on this, but there are signs that a stock is ready to have a change in character.

Watch this case study on a breakout in FSLR to see what to look for:

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