Question...
Since the charts we're using only really tell us what the tickers are going to do in the very short term, how do you go about predicting what they're going to do in the mid-term?
Do you use a specific chart for longer time spans or are there indicators for this chart that we will cover once we are ready to add more?
ie. I trade with my grandpa often...he uses standard TA techniques--support & resistance, RSI, etc.
I tossed out NRG and RAD and he thinks both have run their course and are going to decline from their current levels. So now it's a friendly competition of who's gonna be right. I'm just curious where our charts differ from his.
Looking forward to next week's trading, especially if something happens with RAD.
Also gonna do my best to get out of PGPM Monday morning... got my number in mind, just gotta hope someone is buying during the firesale. That'll give me more to trade on midweek if we find any good ones to play.
“The two most important days in your life are the day you are born and the day you find out why.” —Mark Twain.
