Honing your charting skills.. Keep an eye on AMBS. Heres

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joey68
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Honing your charting skills..

Keep an eye on AMBS. Heres the chart:

http://stockcharts.com/h-sc/ui?s=AMBS&p=D...0800406656

Based on ONLY the chart.. try to figure out if it will close red or green tomorrow. take note of the indicators, price direction, and past prices. Jot down your answer tonight and see if you end up being right tomorrow.

do you think it will close green or red?

do this for a few days and see if you end up being correct. at first youll say, "Joey68.. im purely guessing here". Thats correct. its a best guess based on the information you see.

once you get good at reading charts, on average, youll surprise yourself to see how simple it is to determine short term price direction based on the chart alone.


Not investment advice. I am NOT saying to invest in AMBS! This is purely an example. I am NOT invested in AMBS.
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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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