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 : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: freelyhovering who wrote (11140)1/23/1998 3:13:00 AM
From: Doug R  Read Replies (1) of 79146
 
Yikes!!! Myron!!!,

That's alot of stocks for one post! >>gg<< I'll check what I can over the weekend. The reverse (I like to call it "inverted" in case anyone is wondering) H&S has to break out to be bullish and with the 13, 8, 8 there's often a 2 or 3 day lag until the price reacts. Also, other positive TA stuff happening concurrently is desirable. The ones I like the best to use along with it for timing are the 3 day RSI and 2, 1, 2 stochastics (you can substitute the 3, 1, 2 for that on TC2000). If they are also breaking out of a pattern or above resistance that helps alot. A strong 89, 3, 5 is helpful and tightly bound MA's of several periods is very nice too. Bollinger activity can help you get an idea of potential short-term range of a move. And that MA/MLR thing I do is also a good tool for confirmation of potential both for sustainability of a move and range.

As you know, I look at much more than just these and I can't go through it all here. It all works fairly well though.

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