today's chart Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : today's chart

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TechTrader42 who wrote (584)	9/19/1997 1:13:00 AM
From: Bill Sandusky	of 1267

Hi Brooke... you're working me overtime tonight. Basically, I'm looking for a chart that "looks right" technically. Generally like to see the indicators begin from oversold levels but this is not a requirement. Take a look at the 75 Vol Bars chart of GEHL for a "textbook" look at what I'm looking for. Indicators coming together at the upper right hand corner of the chart can signal two very different things. First, this can be an indication of strength which can lead to higher prices. But it can also signal the approaching end of the current move. CCI will give you an important clue as to which scenario is most likely. Once CCI reverses direction giving a "Sell Alert" start looking for "confirming" indications from other indicators such as MACD. Be sure to watch for a reversal in AvgPrice1 (yellow) and/or the RedLine indicator (these give excellent reversal indications). AvgPrice1 crossing down through StdDev (white) is almost always a good sell point. Look at these charts for further clarification of how I use the BNS system. mindspring.com Happy hunting... Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next