Stochastic, MACD, Chaikin Money Flow (CMF) This is a thread to discuss the TA merits of Canadian stocks.
There are two rules.
First -volume should have been a minimum of $100,000. per day for at least the past five trading days. Second -Either or both, Stochastic and MACD should be indicating a trend, supported by CMF.
As many of us are novices to TA, please feel free to explain your technical analysis.
For my charts, I am currently using SharpCharts.com
Here's a link to a typical chart with the above indicators. stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUB14!LA12,26,9!LP14,3,3!LC20]
Please Note
I am a novice chart reader giving opinions that I hope will help me and others learn some more about Technical Analysis. My opinions are not meant to influence anyone's buy or sell decisions.
Sometimes I'm right, sometimes I'm wrong. |