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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: ToolManInc who wrote (10836)5/5/1998 10:45:00 AM
From: Don Earl  Read Replies (2) of 14577
 
Hi ToolManInc,

Technical analysis:

I can't find the site I was looking for that had some simple to understand stuff on how to read a price/volume bar chart but this one has most of the basics:

chartpatterns.com

This one explains most of the more common indicators:

e-analytics.com

This one is a pay site, but there is a 10 day free trial available. The technical analysis section has simple explanations of the indicators and the charts are easy to read:

stocksmart.com

Your local library should have a good selection of books on the subject. SI has a number of threads on the subject also (do a search on technical analysis).

I have a high opinion of being able to read patterns in price/volume bar charts and also use stochastics a lot. I use moving averages also, but they tend to tell you more what happened after it happened. Moving averages do give a feel for which way a stock is trending and shorter term lines can give you an idea if the stock is trading above or below recent averages. There are a lot of different systems but they are ALL based on the relationship between price, volume and time. Good luck.

Regards,

Don
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