Autores:
  • For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe play to buy the minute it touches a brand new high.

    Jesse Lauriston Livermore (1966). “How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price”