OTCPK:IDIG - Post by User
Comment by
Odin55on Jan 18, 2007 9:02pm
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Post# 12047046
JTJB: I Went To Chart School!
JTJB: I Went To Chart School!MY fav is CCI (Commodity Channel Index) A technical indicator that attempts to display cyclical turns in a stock or commodity. https://stockcharts.com/education/IndicatorAnalysis/indic_CCI.html
and I use it to buy stocks that are OVERSOLD (negative reading)
and to sell stocks that are OVERBOUGHT (positive reading), as it all fits into the lovely buy low & sell high mantra;- )
MY second fav is the Aroon Indicator; Aroon is a techincal indicator system that attempts to show if a stock is trending or not.
https://stockcharts.com/education/IndicatorAnalysis/indic-Aroon.htm
If the stock closes at a new high for the given period, Aroon(up) will be +100. If the stock closes at a new low for the given period, Aroon(down) will be -100.
Happy Hunting ~ 0din