#MarketPullback the strong earnings report suggests that the business underlying the stock is doing something right. Buy-and-hold traders and investors will likely be attracted to the stock by the strong earnings reports, supporting a sustained uptrend in the near term.
Every stock chart has examples of pullbacks within the context of a prolonged uptrend. While these pullbacks are easy to spot in retrospect, they can be harder to assess for investors holding a security that’s losing value.