WEALTH UNIVERSITY

[Ned Serious]

morning jinetic,

There's some great info here in WU on the main page (aka iBox). Please scroll down to the Research section, and under Technical Analysis, you'll see the first two links from Prof Geaux Fish. They are what I read when I first came here and they helped me mucho.

Fish TA Links
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=23922897

The first link on TA's page is about Chart School from Stockcharts.com, its fantastic and free.


Geaux Fish's TA Laws
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=25154817

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You'll find good info there on Oscillators (which tell you the trends of the stocks, the strength of the trends, etc.).

Great info such as:

7. Learn the turns.

Track oscillators. Oscillators help identify overbought and oversold markets. While moving averages offer confirmation of a market trend change, oscillators often help warn us in advance that a market has rallied or fallen too far and will soon turn. Two of the most popular are the Relative Strength Index (RSI) and Stochastics. They both work on a scale of 0 to 100. With the RSI, readings over 70 are overbought while readings below 30 are oversold. The overbought and oversold values for stochastics are 80 and 20. Most traders use 14 days or weeks for stochastics and either 9 or 14 days or weeks for RSI. Oscillator divergences often warn of market turns. Those tools work best in a trading market range. Weekly signals can be used as filters on daily signals. Daily signals can be used for intra-day charts.

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Good luck fellow WU.