Technical Analysis

Technical Analysis Articles –

RSI Indicator “Cornerstone” of Andrew Cardwell’s Trading Model

The ideal technical indicator, according to Andrew Cardwell, Jr., is one that offers capability to identify and monitor the current trend, highlight overbought and oversold extremes, and give early warnings of a trend change. “The Relative Strength Index (RSI) is such an indicator, offering the best of all worlds,” said Cardwell, president of Cardwell Financial

Moving Average Convergence/Divergence (MACD)

Gerald Appel developed an interesting oscillator that provides greater emphasis on recent price action over more distant activity through a creative use of exponential moving averages. The first step in the derivation of this indicator is to calculate a 12 and a 26 day exponential moving average from your price data. Your next step would

Long Red Candlestick Play Instructions

Step 1 – Look for a LONG RED CANDLESTICK resting on MINOR PRICE SUPPORT and also a rising MAJOR MOVING AVERAGE (10 MA, 20 MA or 50 MA). Step 2 – Pull up a 5 minute chart of the stock. Step 3 – Note the opening price of the stock. If the stock gaps up

Long Green Candlestick

CandleStickShop.com Analysis Step 1 – Look for a LONG GREEN CANDLESTICK against MINOR PRICE RESISTANCE and also against a declining MAJOR MOVING AVERAGE (10 MA, 20 MA or 50 MA). Step 2 – Pull up a 5 minute chart of the stock. Step 3 – Note the opening price of the stock. If the stock