Hi ynot. my use of TA in the buying of stocks is probably 90% simpler than it was even a year ago. Trend lines take precedent, volume changes, a quick look for various triangles and a cursory glance at indicators follow that lead..
One thing I always note are the following Candlestick patterns. They don't have the final say so but they definitely carry weight as confirmation etc.
There are a plethora of candles to learn if you wish and some others can be significant...but even if you learn only these, you've added a powerful weapon to your arsenal. They are so simple to recognize, yet the psychology behind the, is evident and very potent.
But read all three links on the following patterns. Their significance is determined by the trend they are preceded by...that's very important.
I'll post some charts sometime this weekend, esp the Naz, illustrating some calls these signals have made. They work best with stocks (and indices) that move with purpose and direction...up or down.
Okay, more sometime this weekend, just wanted to get you these early...
Harami,
iqc.com
Engulfing, bullish and bearish,
iqc.com
Piercing lines,
iqc.com
Dark cloud.
iqc.com
Overall links,
altavest.com
equis.com
iqc.com
...by the way, rumor has it you have some interest in CS <g>...note the piercing line Friday.
Stan
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