congratulation on the 11th birthday moo moo. current platform already has useful features such as smart invest of spare cash in money markets. would be really happy if moo moo can update charting features to rival tradingview.
Gambling is placing bets without knowing what you are doing. Investing is trying to gain more information and analysis before placing your bets. The latter is trying to minimise your risk and increase the reward ratio.
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Always need to ensure macd and rsi is above zero and 50. Adjacent time frame offers the direction
My stop loss based on technical analysis. Based on MACD alone will need to be paired with 2 different time frames. Hourly chart MACD is positive and golden cross. Each dead cross on 15 minutes chart can be a temporary exit and a golden cross will be the next entry again. This can repeat until the hourly chart MACD dead cross happens.
Can we have the above indicator added? This is very useful in determining the overall average price from the selected points. This is especially useful to determine support and resistance levels.
SEA has yet to turn a profit but Forrest Li is the richest person in Singapore. All tech companies margin is very thin and the imminent tapering from FED, could easily wipe out any remaining profits. Most Chinese Internet companies follow the same model hence a slight change in policy will bring down the dominoes. What will happen to SEA stock price? I think Alibaba offers some insights.
The usage of rsi is often misguided. Going over 70 is over bought and below 30 is over sold. However it is often above 70 or below 30 where the trend of the stocks is the strongest. It is not advisable to short above 70 or long below 30 just because text book says so.
If rsi is able to hit 80, the chances of another new high after rerrace ia very high, especially if it stays above 70 even during retrace. To maintain the trend it is important to maintain above 50 level.
The reverse is also true, once rsi breaks below 30 the chances of another low is higher. A more meaningful reversal can only happen when 50 is breached. ...
If rsi is able to hit 80, the chances of another new high after rerrace ia very high, especially if it stays above 70 even during retrace. To maintain the trend it is important to maintain above 50 level.
The reverse is also true, once rsi breaks below 30 the chances of another low is higher. A more meaningful reversal can only happen when 50 is breached. ...
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Whilst I am quite sure we need to move towards EV but the current environment there are simply too many players in the market. Even Faraday can be revived what does this tells you? Nothing to invest? Easy just create another one.