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Re: Swampdude post# 470

Monday, 03/27/2017 11:36:03 AM

Monday, March 27, 2017 11:36:03 AM

Post# of 704
It is for those that are Slow!big smile

How much delta V is left in the price.

The stochastic oscillator was developed in the late 1950s by George Lane. As designed by Lane, the stochastic oscillator presents the location of the closing price of a stock in relation to the high and low range of the price of a stock over a period of time, typically a 14-day period. Lane, over the course of numerous interviews, has said that the stochastic oscillator does not follow price or volume or anything similar. He indicates that the oscillator follows the speed or momentum of price. Lane also reveals in interviews that, as a rule, the momentum or speed of the price of a stock changes before the price changes itself. In this way, the stochastic oscillator can be used to foreshadow reversals when the indicator reveals bullish or bearish divergences. This signal is the first, and arguably the most important, trading signal Lane identified.

Read more: Stochastic Oscillator Definition | Investopedia http://www.investopedia.com/terms/s/stochasticoscillator.asp#ixzz4cXZqOGYK
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