DovCaspi

I think I should wait for a real break of trend line ...

NASDAQ:YOD   YOU ON DEMAND HLDGS INC
66 4 0
I think I should wait for a real break of trend line ... (LONG)
Should I SHORT ... or wait for the LONG ?
First of all, there is a problem with your charting. Your are using the same color for both up and down days.
Secondly, if this stock goes to that trend line, and this is a big if, it will probably not rally more than that. This is not a stock you should buy
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DovCaspi vlad.adrian
Thanks for your help :)
I am not buying anything - just learning technical analysis ...
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Well if you are learning TA, first thing is to color your candles, second, get rid of that indicator, whatever that is.
I recommend you read Trading for a living, Technical analysis of the financial markets as introduction books. They were first recommended to me, and they were a great recommendation!
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DovCaspi vlad.adrian
Thanks ... I wrote that indicator... I will read the books :)
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