InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,881.63
(
-0.43%
)
US TECH 100
20,449.60
(
-0.85%
)
Dow Jones
42,544.22
(
-0.07%
)
Brent Oil
74.76
(
1.22%
)
Bitcoin
95,504.63
(
1.18%
)
Post# of 15950
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

BeamMeUpScotty

Send PM Follow Ignore
Followers 602
Posts 29851
Boards Moderated 0
Alias Born 01/30/2012

BeamMeUpScotty

Re: $King post# 1115

Tuesday, 05/29/2012 2:45:19 PM

Tuesday, May 29, 2012 2:45:19 PM

Post# of 15950
$treetking can I ask why everyone in the USA likes to use candlestick charts for their technical analysis? The only thing I see them as being useful for is to see how much higher or lower the share price went during the day or on intra day trading days of particular interest.

I find MACD, simple moving average, Bollinger Bands, RSI etc as lines drawn on the page so much more easy to interpret and understand as to where the trend is heading.

Like I say .... I wanted to ask why Candlestick charts are flavour of the month on technical analysis charts in the USA - well at least on ihub.

In case you are wondering, I live in London.

Please note, the above post is neither a recommendation to buy or sell the stock. Everyone thinking of investing in a company should always conduct their own due diligence, to satisfy themselves, according to their own investment criteria that each compan

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up