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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (68316)	10/27/1999 4:29:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

AGIL.. what you need to do is: have a weekly chart with MACD and/or MACD Histogram (with an EMA not simple MA)..or you can use the DMI (Directional Movement Indicator, the ADX's etc) then you can see the trend of AGIL or any other stock. (shows if there is a trend and what direction it is in) (better yet use the same oscillator (i.e. Stochastics on your weekly chart like on your daily chart so you can see the signals clearly) Then plot a daily chart with a oscillator. The best are Williams %R or stochastics, or ROC(stochastics are very versatile cause there are three variations of their buy signals).. So you know if the stock is overbought or oversold etc. Then plot a intraday chart preferrably a 10 minute chart. There I would put in 20, 40 period MA, a volume indicator (OBV, KLinger, MFI, Positive Volume Index etc), Directional, etc.. just so you can see when the buy signal is actually triggered...and where to set up the trade (buy trigger, or buy stop, then stops and finally the trailing stops when your stocks move up). You need to see the big picture even if you are only planning to hold overnight or a day or two. I don't use a weekly chart during trading but the night before.. that's because I have a 10, 5 minute chart and 45 'cause its more sensitive for actual entry.. That's why I can't buy on 'tips' or new IPO's. I need to know the whole story, or a least the 'cliff's notes'