Phuket Gazette

PHUKET: Monthly charts are among the first buy signals I look for when selecting stocks because they show bigger time frames where long term trends can be seen. As we enter the summer months, a short term pull back could still happen and this would be a perfectly normal price action.

Lately we haven’t yet seen any price action to suggest a pullback. For the longer term, we still have to lean toward the upside, assuming that the bullish trend of the previous months will continue.

Looking over several monthly charts for a variety of stocks, we are starting to see more stocks breaking into new highs.

Tech giant Apple (NAS DAQ: AAPL) got caught up in the overall choppy...

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