Temple Bar Investment Trust (LSE: TMPL) is a large British investment trust dedicated to investments in UK securities. Established in 1995, the company is a constituent of the FTSE 250 Index
1st check on Monthly Chart to have a bigger picture.
2nd Look at the Weekly Chart for sign of strength or weakness
lastly, look out for bearish indicators, confirm that Monthly, Weekly and Daily charts are telling
the same story that the stock is weak in the background. Look out for further weakness by observing possible expert indicators trigger sign of weakness alerts.
In the chart below, newly created expert indicator " Go Short if No Demand over next
2 bars" triggered, therefore look out for any sign of weak bar over the next 2 days. Indeed the next day,
"lack of demand indicator" was triggered and if the next bar(04/03/11) traded below the previous day's close then it could be a good short sell. Yes, it did and we can see that 04/03/11 closed below
the previous day's closed, it is a genuine short sell stock.
