Reliq Health Technologies Inc V.RHT.H

RE:RE:Reading Charts

[mulinek]

Technical Analysis can be learnt in couple of days. Just very few patterns that make you comfortable with and few indicators you might like. But to be successful using TA is completely different matter. You have to keep learning and adjusting your arsenal of tools, not to mention using discipline. And yes, I admit I picked up KAMA from you to avoid being kicked out of my position too soon (happens to all of us, I think) and started using TSI - kind of again.  I’ve been a  member of breakpointtrades.com for number of years (highly recommended with lots of trade setups and access to trading room and daily market letters).  Most of trades were short term so we were using 5 and 9 days EMAs. Seldom keeping anything what breached 5 days EMA and buying on the bounce from 9 days EMA.  I also use STO looking for the breakouts, TSI as trade setup is not working well (for me). So, thanks for your posts oldfx1, making trading simpler and more profitable and avoiding big loses in the same time.  You are right, no buy signal as of yet, but we might have sell signal on daily – let’s wait till the end of the week. Stock is somehow supported and saves few cents in last 10 minutes of trading. For me kind of suspicious, but don’t speculate.
Happy Trading