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Re: Ridgeback2017 post# 439

Monday, 03/11/2019 3:45:25 PM

Monday, March 11, 2019 3:45:25 PM

Post# of 625
It should have no implications to non chart people; many examples one could use, so I'll just pick one out of da hat.. think of it as a cult, if you continue to ignore them it will have no effect ;).
Jk, twas a simple one showing a few things trending; up trending over the chosen time frame, they included bollinger bands so in the very short term a possible buy signal, red line a moving avg. some peeps will trade around (buy lo sell hi), this following guy annotated which makes it a lot easier than me trying to explain his intention, lol - volume trend, that follows short term downtrend basically saying not a serious sell off:
https://pbs.twimg.com/media/D1ZMNMtXQAEjX2E.jpg
Easy thing to see with The Stochastic included is look what the sp did when it was in about the same position earlier in the chart.
This is highly acclaimed resource and a lot of fun (check out Stochastics ;)
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y