InvestorsHub Logo
Followers 413
Posts 38418
Boards Moderated 4
Alias Born 08/07/2003

Re: back_again post# 15645

Wednesday, 03/01/2006 9:53:20 PM

Wednesday, March 01, 2006 9:53:20 PM

Post# of 20600
back again - not sure I understand your question -

MA's are good for both support and resistance. If a stock is below its 100dma it will usually encounter resistance at that point, just as it will find support there, if it is above it.

You might wanna consider RSI, stochs, and %R as a 'limit' indicators - they all have overbought and oversold characteristics.

Also SAR is a oft used reversal indicator. When it changes from above to below or viceversa, it signals a direction reversal.
http://stockcharts.com/education/IndicatorAnalysis/indic_ParaSAR.htm

Hope this helps,
4God





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.