Skechers USA Inc. Cl A (SKX) Share Price Heads Below Balance Step
Skechers USA Inc. Cl A (SKX) shares are on close watch heading into the middle of the week as the price has moved below the Balance Step indicator, revealing a potential near-term bearish trend. The Balance Step formula is based on near-term moving averages to predict which direction a trend is heading.
When it comes to equity investing, being too confident may be just as detrimental as not being confident enough. Many investors may think they are making all the right moves when the markets are riding high. This may be the case, but sometimes it might be good fortune. Finding confidence to make trades in down market environments may make the difference between a good portfolio and a great portfolio. It can also be quite easy to confuse skill with a long-term bull market. Many bad decis ...