What follows is Mike Webster‘s What Would Webby Do for the week of 2/28/2020. The content is a mirror of what Mike originally posted on Twitter with the hashtag #WWWD. Beginning on March 13th, 2020, Mike’s series moved to Investors.com and became the Weekend Market Update.
Continue readingMonthFebruary 2020
Overhead supply refers to buyers who entered a trade near a high and are now waiting to sell as the stock has had a significant drop in price. These buyers are waiting for the price to rise close to the price they paid so they can get out of the trade with a minimal loss.
The challenge with overhead supply is that these buyers can create resistance to upward price movement.
Continue readingWhat follows is Mike Webster‘s What Would Webby Do for the week of 2/21/2020. The content is a mirror of what Mike originally posted on Twitter with the hashtag #WWWD. Beginning on March 13th, 2020, Mike’s series moved to Investors.com and became the Weekend Market Update.
Continue readingWhat follows is Mike Webster‘s What Would Webby Do for the week of 2/14/2020. The content is a mirror of what Mike originally posted on Twitter with the hashtag #WWWD. Beginning on March 13th, 2020, Mike’s series moved to Investors.com and became the Weekend Market Update.
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