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Microcap & Penny Stocks : Looking for a Bounce -- Ignore unavailable to you. Want to Upgrade?


To: Chris B. who wrote (588)2/22/2000 9:59:00 PM
From: ChrisJP  Respond to of 1734
 
Hi Chris, I am a novice when it comes to Technical Analysis. I just know some basics and use some charting tools which do the dirty work for me. It doesn't predict everything, but the charts are always nice to double check before going with your instincts. I should mention that the charts predict the past almost perfectly. :-)))

There are some people here on SI (Doug R of the "56 point TA" thread comes to mind) who are T/A geniuses !! They've been know to predict stock movements that seem to come from nowhere !!!

SI has a charting feature but I don't think it does OTCBB stocks.

quote.com has a tool called Live Charts and

bigcharts.com has an interactive charting tool too.

You should check them out when you have some spare time and select things like MACD, stochastics, RSI, and Williams%R. They can tell you things like if a stock is overbought, oversold, money coming in, money coming out. Useful things to know.

Regards,
Chris