I usually use candlestick for support and resistance. Sometime I also will draw line to see the trend especially the lower low and higher highs

Technical indicators are important in investing. These indicators are used in candlestick analysis to spot buy or sell points. 1. Moving Averages (MA) and MACD (Miving Average Convergence Divergence). MA and MACD indicate price trends and its potential reversals. When the MACD line crosses above signal line, it’s a buy signal, and vice versa. 2. Bolinger Bands. When the stock price touches or breaks the upper band, it signal overbought (potential sell), and vice versa. 3. Volumn Indicators (On-Balance Volume). Volume indicators measure the strength of a price trend based on its trading volume. Rising OBV indicates increasing buying pressure (potential buy), while falling OBV indicates selling pressure (potential sell). 4. Relative Strength Index, 5. Fibonacci Retracememt, 6.Average True Ra

Replying to @1PC:😂😂//@1PC:Is it [Glance]...I think 🤔 can add some more [Chuckle]. ✋ ✋//@1PC:I usually use candlestick, support & resistance, (sometimes Fibonacci), SMA, Volume, RSI & MACD as a base [Happy]. In between I might add-on Left Side trading condition or pattern when it appears. I wouldn't say which one Indicator works best but rather the grouping selection is a more stronger read 😁 @JC888 @Barcode @koolgal

Technical analysis is an art as much as it is a science. So, ot is not surprising that sometimes they have differing opinion. I look at the moving average for 50 day and 200day as well as RSI to determine if it is oversold. If the stock is oversold, my risk is lowered if I choose to buy now, provided that the fundamentals remain sound. I normally will buy if it is below the moving averages and oversold and down by 5-10% for volatile stocks or 2-5% for ETFs. I am no expert with technical analysis and this current technique that I use have worked well for me. I normally sell once my target price has been reached or a set value of potential profit has been reached. Similarly, if the stock is overbought based on the RSI due to for example good news, I would take profit. However, if I believe t

There is so much to learn. I knew about the long downward candle and the rejection of the lower price but thanks for the other signs of a reversal. Keep up the good work.

vol are impt

Replying to @Michane: @SPACE ROCKET @Barcode how abt sharing yours? [Happy]//@Michane:These are good learning points for me & I presume it's candlesticks on a yearly chart. Definitely love to check the support zones however I won't be able to tell just by judging the candlestick alone. My chart would definitely have the RSI & this feature called "Autoclimate" which is something I had when I joined Tradewithufos

These are good learning points for me & I presume it's candlesticks on a yearly chart. Definitely love to check the support zones however I won't be able to tell just by judging the candlestick alone. My chart would definitely have the RSI & this feature called "Autoclimate" which is something I had when I joined Tradewithufos

sell [开心]

I will look at volume, the auction price at pre-opening and the next few minutes trading. Thereafter, market depth to determine my target price. @MHh @melson @rL @Universe宇宙 @Wayneqq

Replying to @1PC:Bro! You almost used up whatever parameters are available for stock. [Surprised][Serious][Gosh][Sweats][OMG][Doubt][Chuckle][Chuckle][Chuckle][Salute][Applaud]👍🤣😅😂//@1PC:I usually use candlestick, support & resistance, (sometimes Fibonacci), SMA, Volume, RSI & MACD as a base [Happy]. In between I might add-on Left Side trading condition or pattern when it appears. I wouldn't say which one Indicator works best but rather the grouping selection is a more stronger read 😁 @JC888 @Barcode @kool

MACD and RSI are also good indicator s

I usually use candlestick, support & resistance, (sometimes Fibonacci), SMA, Volume, RSI & MACD as a base [Happy]. In between I might add-on Left Side trading condition or pattern when it appears. I wouldn't say which one Indicator works best but rather the grouping selection is a more stronger read 😁 @JC888 @Barcode @koolgal @DiAngel @Shernice軒嬣 2000 @Shyon @Aqa

I usually use candlestick, support & resistance, (sometimes Fibonacci), SMA, Volume, RSI & MACD as a base [Happy]  In between I might add-on Left Side trading whe

moving average and previous swing high/ low as horizontal support and resistance is best

🌟🌟🌟The best technical indicators are those that simplify decision making without overwhelming the chart. 1.Moving Averages (MA) : Its purpose is to identify trend direction & potential reversals. Types : Simple Moving Average (SMA) : smooths price over time. Exponential Moving Average (EMA) : reacts faster to recent price changes. Eg : A 20 EMA crossing over a 50 EMA can signal a Bullish trend. 2.  Relative Strength Index (RSI) : Purpose is to measure momentum & identify overbought or oversold conditions. Scale: 0 to 100.  Above 70 is overbought.  Below 30 = oversold. 3.  On Balance Volume (OBV) Purpose:to track volume flow to confirm price trends.  Rising OBV with rising price = strong bullish trend. I would use 3 complementary indicators - 1 trend, 1 mom

I look at the volume too

Replying to @Shyon:Mm ok sounds fun[Smile]//@Shyon:Come and join @SPACE ROCKET @Michane @GoodLife99 @koolgal @rL @Barcode @nomadic_m @</

Its a decesending wedge