any technical analysyis method will do.it can include moving avarages,oscillators,candlestick patterns,etc
2006-06-29 07:13:54 · 7 answers · asked by sureshbhagtani 2 in Business & Finance ➔ Investing
Take a look on this site for some great ideas:
http://www.wealth-lab.com/
It's a site where you can test your own systems and those of others.
From personal experience:
- Indicators like oscillators, MAs, etc don't work.
- Break-outs with volume work but only for fundamentally sound stocks.
- During a bull market, every system looks great
- Sell yours loosers quick, double up on your winners
- Use a trailing stop to sell.
2006-06-29 15:48:26 · answer #1 · answered by cordefr 7 · 1⤊ 0⤋
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2016-02-16 02:00:35 · answer #2 · answered by Phyliss 3 · 0⤊ 0⤋
The OBV (On-Balance Volume...) is a leading indicator. As long it is trending up, the stock will trend up. When you see it begin to move down, that is a sell signal. Wait until the OBV starts to tick back up to buy the stock back at your discount (typically at least 11%...).
Use Fibonacci principles to decide when and if it will move back up. In general, I have found that if the stock retraces its gains (falls by...) 38% from where it started to climb to its high, then it will be a while before the volume is confident enough to get back into it. In other words, if it retraces eleven percent and ticks back up, buy it back cheaper than you sold it. If it falls toward 38%, take your gains, be happy and look somewhere else.
Candlesticks are great, too. Look for side-by-side candlesticks (one inside the other's trading day...of either color...) to signal that you should pay attention to the OBV signals to see what to do next. If the OBV is still trending up, leave it alone. If it is trending down, then the stock will begin to wilt within two trading days and you should sell it.
2006-07-01 22:04:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Select 500 technical indicators. Determine their performance over the last three years. Use the one that perfrormed best during the next year. After the year is over, repeat the exercise.
2006-06-29 07:18:23 · answer #4 · answered by NC 7 · 0⤊ 0⤋
1) Select a broad indicator. I use S & P 500
2) Select your particular corporate stock
3) Divide stock price by SP500 price. Scale and smoothe w/ema of .1
4) If smoothed SP500 is rising AND 3) number is rising, BUY
5) Otherwise, either HOLD or SELL.
2006-06-29 08:06:34 · answer #5 · answered by Puzzleman 5 · 0⤊ 0⤋
do some research on the ineternet:
stockcharts.com
equis.com
chartfilter.com
http://clearstation.etrade.com/education/cover.shtml
incrediblecharts.com
i will also recomend a book: Technical Analysis of the Financial Maekets - John J Murphy
2006-07-04 10:27:16 · answer #6 · answered by starfield 2 · 0⤊ 0⤋
Sounds like you already know some stuff. Or you just want other people to do your homework for you.
Buy low, sell high.
2006-06-29 08:15:58 · answer #7 · answered by jlamb_2000 2 · 0⤊ 0⤋