Trend trading is designed to take advantage of uptrends, where the price tends to make new highs, or downtrends, where the price tends to make new lows. Trend traders enter into a long position when a stock is trending upward. An uptrend is characterized by higher swing lows and higher swing highs. Likewise, trend traders may opt to enter a short position when a stock is trending lower. A downtrend is characterized by lower swing lows and lower swing highs.
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