STOCK TRADING BELOW/ABOVE PREVIOUS MONTH LOW /HIGH

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Trading Below Previous Month Low:

  • This refers to a situation where the current price of a stock is lower than the lowest price it reached in the previous month.
  • It could be an indicator of potential weakness in the stock or a bearish trend.

Trading Above Previous Month High:

  • This situation occurs when the current price of a stock is higher than the highest price it reached in the previous month.
  • It is generally considered a positive sign, suggesting that the stock has momentum and is in an uptrend.

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