keep trading simple
antichartjunk (at) gmail.com
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Love the site, very minimalist and to the point.
Thank you! I appreciate the feedback.
Hi…Just starting into stocks and found your page?? How??? But it seems unbiased. Which is great. Is there a place to go to understand what you are talking about, the one I remember is “bounce”, etc.” DO you have a “Start” page that I can look at that has explanations? Or is this site to advanced for me. IF you know a good beginner site please let me know. I am following Bill O’Neil and IBD but sometimes it feels like all the others to sell you more…Thanks
Hi John, thanks for the post. Reading the “about” page (https://antichartjunk.com/about/) and “commentary” tabbed articles (https://antichartjunk.com/category/commentary/) should give you a good understanding albeit in a roundabout way. O’Neil’s “How To Make Money In Stocks” is a must read and some would argue is all an investor/trader needs. The idea is to focus on growth stocks with the best fundamentals in combination with the best technical setups during times of overall market accumulation. As far as your specific “bounce” question, please take a look at the ICPT chart from a few weeks ago (https://antichartjunk.files.wordpress.com/2013/02/antichartjunk-week-8-icpt-chart.jpg). The blue line, in this case, represents the 50dma (50-day moving average). Some stocks will be supported on and/or near this level by institutions so it can represent a relatively lower risk pivot with the daily volume at least 40% above its 50-day average volume during times of overall market accumulation. The volume will indicate if its indeed the institutions that are accumulating shares. Please feel free to ask anymore specific questions here, twitter, stocktwits, or to antichartjunk (at) gmail.com .
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