Technical Analysis By Ross Klosterman Common Cents Investment Group By Ross Klosterman Common Cents Investment Group
Agenda What is TA? How do we utilize TA? Sample indicators Interactive exercise Conclusion What is TA? How do we utilize TA? Sample indicators Interactive exercise Conclusion
What is Technical Analysis? Forecasting of future financial price movements Based on an examination of past price movements Not absolute predictions about the future. Can help investors anticipate what is "likely" to happen to prices over time
How is Technical Analysis used? Utilize various charts Understand different chart indicators Some examples:
Charts
Sample Indicators RSI- momentum oscillator that measures the speed and change of price movements Moving Average Convergence/Divergence (MACD) – one of the simplest and most reliable indicators Bollinger Bands – allows users to compare volatility and relative price levels over a period of time.
Sample Indicators Support – price level at which demand is thought to be strong enough to prevent the price from declining further Resistance – price level at which selling is thought to be strong enough to prevent the price from rising further ALL charts at ANY point in time have BOTH a support and resistance
Just to see… I utilize every indicator on this chart
Conclusion – TA is NOT the end-all-be-all – Combine with FA can be a deadly combo – – What are your questions? Would you like me to give you my opinion on any stock? – TA is NOT the end-all-be-all – Combine with FA can be a deadly combo – – What are your questions? Would you like me to give you my opinion on any stock?