I believe in using fundamental analysis when evaluating which stocks to invest in, but I also think it is important to look at the technical side as well. After doing fundamental analysis, I like to see how a stock looks based on the charts, including what the 50- and 200-day moving averages are, and what the relative strength index is, before deciding to buy. When evaluating this data, you can find stocks that appear to be starting what might be a significant new uptrend.
One potential sign of this is when the 50-day moving average crosses above the 200-day moving average. This event is called a "Golden Cross Formation" and many view it as a bullish sign. You can read more about the Golden Cross Formation
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Tricia Helfer Elena Lyons Brooke Burns Lena Headey Ali Larter
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