Posted On: 11/05/2012 1:44:57 AM
Post# of 12927
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Uptrend Line
An uptrend line has a positive slope and is formed by connecting two or more low points. The second low must be higher than the first for the line to have a positive slope. Uptrend lines act as support and indicate that net-demand (demand less supply) is increasing even as the price rises. A rising price combined with increasing demand is very bullish, and shows a strong determination on the part of the buyers. As long as prices remain above the trend line, the uptrend is considered solid and intact. A break below the uptrend line indicates that net-demand has weakened and a change in trend could be imminent.
![trendlines-1emc.png](http://stockcharts.com/help/data/media/chart_school/chart_analysis/trend_lines/trendlines-1emc.png)
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