Sizzling Stock Picks

[GreenReeper]

The Ultimate Oscillator is a momentum oscillator that incorporates three different time frames. Traditional signals are derived from bullish and bearish divergence, but chartists can also look at actual levels for a trading bias. This usually works better with longer parameters and longer trends. For example, the Ultimate Oscillator (20,40,80) and price trend favors the bulls when above 50 and the bears when below 50. As with all indicators, the Ultimate Oscillator should not be used alone. Complementary indicators, chart patterns and other analysis tools should be employed to confirm signals.