If anyone has nagging feelings of uncertainty about what the future holds for the market and the economy, the message has been broadcasted loud and clear. Rahm Emanuel, the Chief of Staff of the Office of the President-elect:
You never want a serious crisis to go to waste. What I mean by that is it’s an [...]
Ok, so support and resistance. I would say that these are definitely among the top things an investor should know and understand when considering a stock technically. We can define support as a price level at which the stock reaches a price floor and finds buying “support” and resistance as a price ceiling where the [...]
Parabolic SAR is a time/price system first introduced by J.Welles Wilder in his acclaimed book “New Concepts in Technical Trading Systems” (1978). SAR stands for ’stop and reverse’ and the term ‘parabolic’ comes from the shape of the curve (resembling a parabola) created on the technical chart.
Here is what a chart looks like with Parabolic [...]
To start off, a stock is technically an actual piece of a company. When you are buying a stock you are buying stake in a company and legally own a % of the company based on the % of the company’s outstanding shares you own.
So if you owned 500 shares of a stock that had [...]
In this article I will be discussing the different types of charts one can use when looking at a stock. It is a very basic piece of knowledge, but still a very important thing to know and understand. The types of charts I will cover include mountain, open-high-low-close, and candlesticks.
Mountain
The mountain type of chart is [...]
