Friday, March 27, 2015 8:54:17 AM
RSI, sloSTO & MACD are fine on their own if all you plan on doing is holding long term. It is great on big board stocks that do not fluctuate much. SLTD on the other hand has wild swings both up and down and those 3 indicators will not get you out of trouble before you get into trouble. The 3 indicators you mention are used in conjunction with support and resistance and other indicators to determine your buy or sell points and that is how they should be used. They should not be used by themselves less you get an inaccurate reading. I would say that anyone wanting to trade stocks should learn everything they can find on charting and use all the tools at their disposal to make better trades.
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