Frontline

[alexchartfilter]

Nov 29th purchased stock but shortly after stock turned down and I had to take a loss. What did I do wrong?
I am new to using technicals but believe they will help me in the long run. Can you show me what I missed.

thanks
Trademan

[alexchartfilter]

Hi trademan,

I think this chart will help.



Alex

[alexchartfilter]

Thanks Alex. Good advice and all but the actual days are a little hard for me to see. I wish charts were spread out a little
more for clarity.

Bill

[alexchartfilter]

Hi Bill,

I did a three month chart of where all the signals line up.



Let me know if this is better

Alex

[edgarc]

Wow, that stock is up and down like a yo-yo! This one looks like fun!

Did you buy in again and then dump her?

E.C.

[alexchartfilter]

Originally Posted by edgarc

Wow, that stock is up and down like a yo-yo! This one looks like fun!

Did you buy in again and then dump her?

E.C.

Hi E.C.

I personally didn't play with this stock. I found the moves are far to quick for my personal taste.

This is a good example of a stock which has a nice sideways/trending chart where the application of oscillators work well. I also think MACD is a good complementary indicator to the stochastics in a sideways/trending situation such as this chart.

As far as any buy/sells, I will leave those answers to Bill.

Alex