How to trade using Trend Lines in Stocks Charts

TREND LINES

Technical analysis is built on the assumption that prices trend. Trend lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. A proper trend line has to connect two or more peaks or troughs; otherwise, it will be drawn
in space and will have no significance.

UP TREND LINE

An uptrend line has a positive slope and is formed by

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