morning ... 9am ... definition of downtrending : 20% below the peak
let me show an example here.
ADB : down around 25% now ... it is the start of downtrend. so, I hv deleted from my trading list.
There are many more we could check ... if it is below 20% from peak, it is downtrending ... so, AVOID trading those unless for short term technical rebound.
For technical rebound, I would prefer those diving sharply with RSI below 20.
example : MSM, Genetec or Notion .. that would be for another post.
TEH
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