Replies to post #4198 on SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND

[VERAX]

Candle sticks are important. They tell you much. But they are only one tool... Here's a nice class on trend line support and resistance.

[MrFarkus]

You can check out my post history to see that I called the bullish piercing patterns at around 10 am on Friday. That being said, learning technical analysis can be great for your trading. Candlesticks can be a great indication of where the stock may be headed. I've seen that sometimes the mm's will paint the tape at the last second to try and throw off the chart, so they're not always reliable and can be hard to read at times but as you go along, you'll get a feel for it. My advice is to learn as much as you can and stick with it. Grab a few indicators to go along with your candlesticks and use them together. I personally like the RSI and MACD. I'll use these with the candlesticks and some moving averages, either short, mid, or long term depending on how long I want to stay in a position. Good luck!