$NVIDIA (NVDA.US)$ noob here asking a qn. ppl are like panic...
$NVIDIA (NVDA.US)$ noob here asking a qn. ppl are like panic here. but when I look at the indicator, it says 10 bullish indicator. are the bullish indicator bullshit? what is it for?
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ToTheGalaxy : the indicators shows NVDA is oversold, which is bearish for a stock(the price drops hard)but a potential sign of rebound, if a stock is overbought, although it is bullish (the price surge) but it is a potential sign of reversal, the stock could fall at any moment
STD0313 : Remember indicators are just different ways to interpret what has already happened. By looking at them traders can begin to put together a strategy. But they are only indicators, you have to put them together with a chart analysis and fundamentals. Not one source of information will ever show the whole picture.