Buffdan1
voted
Welcome back, mooers!
Our previous TA Challenge discussion focused on chart types and their purposes. Today, we will delve into candlestick charts—a useful tool for pattern recognition.
First, let's review the structure of a single candlestick. Each candlestick conveys four critical pieces of price data about the stock: The bottom and top of the body indicate the period's start and end price. The color indicates gain ...
Our previous TA Challenge discussion focused on chart types and their purposes. Today, we will delve into candlestick charts—a useful tool for pattern recognition.
First, let's review the structure of a single candlestick. Each candlestick conveys four critical pieces of price data about the stock: The bottom and top of the body indicate the period's start and end price. The color indicates gain ...
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Buffdan1
voted
Hey mooers,
After learning about the features of DeMark 9® (TDS 9), it's time to find out how it can be applied with other indicators to better inform an investor!
Does TDS 9 always work?
The answer is no. If you observe enough trend charts, you will find that TDS 9 is typically more applicable to the index and individual stocks in oscillating and weak bull/bear markets. When the stock price or index is in a big bear/bull marke...
After learning about the features of DeMark 9® (TDS 9), it's time to find out how it can be applied with other indicators to better inform an investor!
Does TDS 9 always work?
The answer is no. If you observe enough trend charts, you will find that TDS 9 is typically more applicable to the index and individual stocks in oscillating and weak bull/bear markets. When the stock price or index is in a big bear/bull marke...
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Buffdan1
voted
Case in Real Market: AMZN $Amazon (AMZN.US)$
By adding the TDS 9 indicator to AMZN's daily candlesticks chart, you can see three bearish TDS 9 structures between August and November 2022, all followed by a bottoming-out phase. However, it is worth noting that reversals do not always occur immediately, and the degree of reversal varies.
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy. Past p...
By adding the TDS 9 indicator to AMZN's daily candlesticks chart, you can see three bearish TDS 9 structures between August and November 2022, all followed by a bottoming-out phase. However, it is worth noting that reversals do not always occur immediately, and the degree of reversal varies.
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy. Past p...
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Buffdan1
voted
Happy new year, mooers!
In 2022, the Moo community launched 10 technical analysis challenges. Big thanks to all mooers for your active participation! There's no end to learning, so let us keep it up to become pro traders together!
Today, we'd like to introduce another indicator to you: DeMark 9® (TDS 9). TDS 9 is an automatically generated sequence. Want to have a try? All you need to do is select it from the ...
In 2022, the Moo community launched 10 technical analysis challenges. Big thanks to all mooers for your active participation! There's no end to learning, so let us keep it up to become pro traders together!
Today, we'd like to introduce another indicator to you: DeMark 9® (TDS 9). TDS 9 is an automatically generated sequence. Want to have a try? All you need to do is select it from the ...
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