SI
SI
discoversearch

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 : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ming Z Chen who wrote (4883)1/18/1998 3:24:00 PM
From: Chris  Read Replies (1) of 42787
 
[my plan]

since i have a lot of request to do, i plan to do this:

1) post up a chart denoting the use of simple Ma's
2) Draw trendlines and support/resistance
3) explain what i would do and perhaps discuss some strategies for the particular stock

couple of things for the reader:
1) im not an expert and i will be wrong.. (my disclaimer) <g>
2) ta is not 100% perfect esp. when news/earnings.
3) my purpose of doing charts is for YOU to start learning and see for youself. i can give you resistance points, but can YOU spot themselves? it's not good relying on other person's opinoin because that will ruin your objectivity already.
4) I would rather concentrate on the big name stocks, since those are probably in my database (saves me time)
5) I would also prefer to concentrate on "following" a particular and track it's movements. the thread wont learn anything if we analyze a stock for one day and that's the last we hear about it. one good case study was RADAF where we tracked it day by day for 2-3 weeks. that experience gained right there was 100x better than analyzing 50 stocks as a brief post..
6) my time is limited, so i encourage everyone to participate and to help me. this is NOT my thread.. it's OUR thread. the time you spend exchanging ideas, the more we/you will learn...
7) mistakes are good, as long as you learn from them. I've made plenty..

i'll be posting charts tomorrow when i have access to my metastock. i'll be sure to get to every request.. i do believe that this week will be crucial for the mkt to see if we take out the 50 mas'.. Donald sew's post was a good one, in that LOWER highs is NOT good.. that signifies downtrend.. the current rally must match the previous high (please see donald's levels) for it to break the downtrend. and to do that, it must break the 50 ma's... so, in way, we are saying the same thing.. 50 ma must be broken.. downward trendlinese must be broken as well..

gotta go to lunch.. complete analysis/replies to request tomorrow.

Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext