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trading blogs dedicated for stock market

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oil and technical analysis

so, mazeikiu oil losses reached ten percent for me. still do not know what to do - sell or wait. maybe will have to wait for a year.... was reading some basics on technical analysis, thinking to share with you. so, the main indicators would be - MACD, RSI, OBV and volume. MACD - is a moving average principle, and as i understood the most popular. it is should be applied only when the market has trend - up or down. in the consolidation macd signals may be wrong. RSI - relative strength index - shows the stocks strenght comparing with other. what i read today - when rsi is higher than 70, you should sell your stocks. when RSI is lower 30, it is a buy signal for the stock. Volume - great volume confirms the trend. Low volume shows the end of correction.
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