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Re: Alpha Investor post# 5097

Sunday, 08/17/2014 8:32:29 PM

Sunday, August 17, 2014 8:32:29 PM

Post# of 17377
Well I'm no expert, but I do use chart indicators to day trade. Look at the RSI box below the chart, see the line has turned up? The same with the stochastic below that, see how the blue line is about to cross the red line? Now look at past performance on the chart, when these two indicators turn up or head north as I like to say its a bullish sign.

Also check out the support @ .02, see how we haven't dropped below that in over two months, it has bounced off of it every time it's touched it, that's strength.

In a nutshell that's what that chart tells me. But like I said I still have a lot to learn when it comes to TA.

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