Tag: Support and Resistance
Five Key Indicators For Landing Top Profits
I make stock and options recommendations based on what the charts—not the talking heads and suit-and-ties on financial TV networks—tell me. I spend many hours every week analyzing stock charts, support and resistance levels, moving averages, and numerous other technical indicators of the major indices and stocks to ensure that I’m bringing you recommendations that […]
Technical Analysis: Basic Concepts Every Trader Must Know – Part 2
A few weeks ago, I covered an important technical analysis concept every trader must know- trend lines. In case you missed it, the value in recognizing trends lies in realizing the market’s overall direction. Once you realize which way the market is trending, you can join that trend in search of profits. If the trend […]
Profit Using Technical Analysis – Support
Let me tell you about an important concept of technical analysis. If you ignore this simple analysis, it could cost you thousands of dollars. It’s called support and resistance. It’s absolutely critical you understand what it is and how it works. It’s what makes the markets tick. One problem beginning traders have is entering trades […]
