can anyone help to suggestme what is/are the best technical analysis to use?
Thank you
2007-09-16 10:25:05 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
In my opinion the best book is Murphy, "Technical Analysis of the Financial Markets". Not cheap. But, it is an in-depth discussion of every single technical indicator and method used, presented without any opinion attached. No product to sell, no favorite system hyped. Good solid work. There are others, but this is the best universal reference.
2007-09-16 11:01:55 · answer #1 · answered by ZORCH 6 · 0⤊ 0⤋
Read some books on technical analysis of the stock markets.
Select, backtest and adjust the rules to meet your tolerance
of risk taking. Some traders like the candlestick rules.
Look for stocks that have met these criteria.
1) have held their most of value when the market goes down
2) stock price increases when the market goes up.
3) The market is starting an uptrend.
4) the stock price is starting an up trend.
Some traders use the running averages and MACD.
Check out the yahoo group ComputerProgramPicks.
Best of Luck to you. Having luck is executing with a prepared mind.
2007-09-16 17:42:51 · answer #2 · answered by trader 4 · 0⤊ 0⤋
Here is a great book I have found to read. The Visual Investor by John J Murphy. Helps you make sence of technical analysis.
2007-09-16 19:07:50 · answer #3 · answered by midwestgirl483 2 · 0⤊ 0⤋
Monitor revenue growth / earnings growth .
Check debt to revenue levels .
Also see if they pay dividends .
Those are the big 3 to finding keepers .
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2007-09-16 18:14:31 · answer #4 · answered by kate 7 · 0⤊ 0⤋