Many Stocks are Basing/Lifting
In this week’s edition of Moxie Indicator Minutes, TG notes that there is a lot of negativity out there and concern about the effects the economy will have on the market. Yet GDP has come in strong, and many names have been basing, and some other names have been quietly rising too. Lets take a look around the higher timeframe charts and see what they say. Keep your mind open.
This video was originally broadcast on January 27, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, iOS, Chromecast, Android, and more!
New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.