◇ A good trend needs to go above the yearly line. In a bull market, chase the breakout; in a volatile market, wait for a retracement to buy; in a bear market, abandon it. ◇ Base line stock selection. The base line is the 240-day moving average. After a stock has completed its bottoming process and gone through ups and downs, it eventually moves up to the base line. Investors should lock in on this stock and track its movement. When a stock is about to bottom out or complete its bottoming process... Stock picking basic knowledge - Stock Network - Basic Knowledge