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The stock surged higher earlier in the day but then pulled back throughout the session. It eventually closed near the resistance level with heavy volume. At this level, it looks like a high-volume doji or upper-shadow candle, and with multiple resistance levels ahead, it suggests selling pressure is building. So I decided to sell half of my position to reduce exposure.
Strategy 1 US Value Stock Screener: Average Volume 30 Day > 20M Price x Volume > 10M Market Cap >= 200 B Price >= $20
Bought Ventas, Inc. as it somewhat meets Strategy 1 criteria.The stock has been either consolidating sideways or in a short-term downtrend. 👍 Positives MACD has