Charts & Info for 3/31 to 4/7 There is a LOT of
Post# of 1584
There is a LOT of information below for the next 6 trading days. Serious investors who want to learn will get as much out of this as possible. This is what it takes to make money in the market. Flippers and people who dont care about learning, who have intentions of making millions yet wont make a dime, will probably skip this and go listen to people on iFlub.
1. Three Line Break -
Candles not plotted every day. Very significant chart. Only plots a candle when the THIRD candle moves higher than the previous THREE candles.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...3453132666
Learn
http://stockcharts.com/school/doku.php?id=cha...line_break
2. Standard Candle Chart with EMA lines 13 & 48.5
Standard chart. EMA lines VERY significant this week. Ignore 50/200MA lines.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2135751026
Learn
http://etfhq.com/blog/2013/01/15/golden-cross...-the-best/
VERY important article. Serious investors READ this! Investors who want to hang out here forever and never make a dime.. dont read it
3. Heikin Ashi Chart
VERY important this week. Look for three consecutive-like candles before making a decision to buy, hold, or sell. Looking for HOLLOW, no shadows.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
Learn
http://stockcharts.com/school/doku.php?id=cha...eikin_ashi
4. MEGA-Chart - Only for experienced investors / investors willing to learn:
Includes -
Ichimoku Cloud - Look for price going ABOVE green blob
Parabolic SAR - Look for red dots to be BELOW share price
Bollinger Bands - Volatility.Look for the candle touching the top green line
Williams %R - I want this above -20 for 3 to 7 consecutive days followed by a dip and then a move above it again
ADX Line +DI -DI - Look for the GREEN line to be above the red. Notice this just occured 3/30/2017
Slow STO - I want the lines ABOVE 50 short term. Notice the BULLISH divergence meaning the STO is in an uptrend while the share price was in a down trend. STRONG indicator of momentum building.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...6850551615
Note :
Do not be mistaken. Charts do NOT decide price. Price decides the chart. Charts are meant to help solidify our belief in an investment so that when the price declines, we dont make stupid decisions by selling based on emotion.
Charts also help by giving possible glimpses into future trends (such as the Three Line Break and Heikin Ashi; giving us a slight advantage over those who invest simply because they got a 'feeling'.
Once you get good enough with charts, your capital gains can increase exponentially.
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.