There's one indicator that I love to see an any chart I'm looking at and that's Bollinger Bands. This indicator was developed by John Bollinger and discussed in detail in his book "Bollinger on Bollinger Bands". The center line of the Bollinger Bands is usually a 20 period moving average (MA) while the outer lines are usually calculated to be two standard deviations above and below the MA. Bollinger Bands throw off information all by themselves (as can be seen in the video below) but I give it double duty by also being one of three MAs that I use on all charts (the 5 period, 10 period, and the 20 period MA included in the Bollinger Bands). There's no way I can explain Bollinger Bands as well as Perfect Stock Alerts can so please see the video below. For a written explanation of Bollinger Bands please see the article in StockCharts.com simply entitled "Bollinger Bands".
I am an Individual Investor with specific interest in long term growth and then enhancing my returns with income from dividends and derivatives. I don't recommend stocks to anyone (it's a good way to lose friends) and no one reading this should misinterpret my blog as a recommendation for any type of investment. I am writing this solely for myself and my kids.
DISCLAIMER I am not a licensed investment adviser, and I am not providing investment advise for you on this site. Please consult with an investment professional before you invest your money. Any opinion expressed here should not be treated as investment advice. I am not liable for any losses suffered by any party because of data or information published on this blog. Past performance is not a guarantee of future performance. Unless your investments are FDIC insured, they may decline in value.
Create your own unique website with customizable templates.