Stock Workshop Part 3 Flashcards
EMA meaning
Exponential Moving Average
Two Types of Indicator
Lagging Indicator
Leading Indicator
This two types of Indicator serves one or three purpose.. What are they
- ) Lagging Indicator
- ) Leading Indicator
- ) Alert
- ) Confirm
3) . Predict
One of the two types of Indicator is Lagging indicator.. what does it tells ?
Tells what’s happened ,well if its in the past why do we care.. History tend repeat itself. Same thing in financial market because humans are involved there are emotional trigger are set in place. Base on certain events we watch this trigger play out it happen again and again
One of the two types of Indicator is Leading indicator.. what does it tells ?
It is more predictive in nature. They let us know what is likely to happen in the future
There are three basic price trend what are they.
- Bullish
- Bearish
- Stagnant
Charts patterns can be divided into 3 categories what are they
- Continuation
- Break out
- Reversal
One of the three chart pattern Continuation what is it ?
Continuation is your friend
One of the three chart pattern Break out what is it ?
Break out is aggressive run and drop
One of the three chart pattern Reversal what is it ?
Reversal - Stock reverses current trend
One of the 3 pattern is a reversal pattern name the types ?
- Double top
- Double Bottom
- Head and Shoulders
- Falling Wedge
- Rising Wedge
- Symmetrical Triangle
- Rounded Bottom
In Technical Analysis what are the five things to remember
- Support and Resistance
- Stochastic
- Moving Average
- MACD
- Relative Strength Index
In Technical Analysis what are the five things to remember one of them is Stochastic what is this ?
Compares Closing prices to price range 14 Periods 0 to 100 Above 80 Overbought Below 20 oversold
In Technical Analysis what are the five things to remember one of them is Moving Average what is this ?
Often acts as support and resistance
Keeps you on the right side of the trend
- 20 Day moving average
- 50 Day moving average
- 200 Day moving average
In Technical Analysis what are the five things to remember one of them is MACD what is this ?
Momentum Indicator
(EMA) Exponential moving average
12 Day EMA - 26 day EMA
9 Day EMA Trigger Line is Used
Histogram give visual representations
Watch for signal line Crossovers