SHORT TERM BUY SELL CHART
The green line (price) indicates when you should be in the stock, the red line (price) indicates when you should be out. The blue trendline is for longer term, the black trendline is for a shorter term. If, or, when the blue trendline is broken as the price of the stock moves below it, the stock is in relatively bad shape.
The red and green line is the price. The yellow line is the 200 day moving average. The green line is a proprietary average. The two blue line are the envelope. The stock price, should trade between or around these lines. Bullish is when the stock price is trading between the green line and the top blue line, bearish when the stock price trades below the green line and above the lower blue line. A stock is strong when the price of the stock trades above the green line and below the top blue line (top of envelope)and the green trend line is above the yellow trend line. When the green trend line drops below the yellow trend line its a good time to get out. F&G (Fear & Greed) is when enough momentum is built up either on the buy side (circle which equals over bot) or the sell side (triangle, which equals over sold) one of the two indicators are produced. The circle indicates enthusiasm or over bot, the triangle indicates over sold. Look for the stock to move back down to the green trend line after producing a circle and back up to the green trend line after a triangle.
LONG TERM BUY & SELL CHART
The green price line indicates when to be long the stock. The red line indicates when to be out of the stock. A trading strategy (if you are long) would be to put a stop order in 10 to 15% below the last sale. This strategy may sometimes sell you out of a stock to soon., but it will protect a profit.
ON BALANCE VOLUME CHART
The green line is the price. The brown line indicates the on balance volume. Look for divergence here. If the on balance volume is going up and the stock price is going up, that's good for the stock. If one or the other moves in a different direction, watch the stock carefully for a change in direction. Add to the On Balance chart is an internal momentum indicator. Above zero the stock is in good shape, blow zero, not good. The indicator is derived from different formulas that produce the numbers. These numbers are then combined to produce the Internal Momentum indicator. The momentum index peaks with the peaking of the stock price. When the stock price makes a high then retreats, followed by another move higher, and the momentum index doesn't exceed the last momemtum high the stock is ready for a decline.
MovAvgLT (pgavg) CHART
When the black and or pink line starts to go horizontal its a sell. If the black line starts first followed by the pink line and followed by another horizontal black line, the stock is in line for another decline. Both the black and pink line can move horizontally at the same time, nothing changes, its still a sell.
Drawing down trend lines
Draw a trend line from the price top to the end of the first horizontal line of either black or pink. Second trend line . After the black line stops moving horizontally and starts moving down you can start your trend line. It will not coincide with anything until the black line moves horizontally again and starts to drop down. At this point connect the two corners of the black lines to draw the trend line. If the stock keeps moving down keep repeating the above with each new horizontal line that has started to move down, as shown in the IBM chart (blue down trend lines).
You can also draw trend lines using the pink horizontal lines as in the DIS chart (Green down trend line).
Same as above just a long term out look.
Mov Avg CHART
When the pink line is going horizontal and the black line is
moving up it's a buy. If the price drops down thru the black line
it's a sell.
When the black line is going horizontal and the pink line is going down, it's usually a buy when the price moves up thru the pink line