Articles tagged with ACGL

If I'm fortunate enough to have a winning trade and I see a topping candle at price resistance, I'm generally going to sell. Psychologically, it's not always easy to do so, because a reversing candle many times means that a stock trades well off its earlier intraday high. Selling at the end of the day, after a much higher price earlier, can be a difficult pill to swallow. Most of the time, though, I believe it's the right decision to make. Take a look at Arch Capital Group's (ACGL) shooting star candle from Thursday:...keep reading