Thursday, May 19, 2011

Qs: I am new to shares. What is this bollinger band... is it a software? Is what you've posted an indication to buy or sell?

Hi Sir,

just like you, i too am a newbie when it comes to stock trading. but i'm learning and doing my own analysis, sharing my results with everyone.

Basically what i did was some simple, typical technical analysis. There are many different technical analysis available, such as bollinger band, RSI, MACD, Simple Moving Average, Stochastics, etc etc.

The results i've posted are indeed buy/sell indicators, as studied from technical analysis of Bollinger Band and RSI combined. But pls note that all analysis are never 100% accurate because analysis is merely a study of past performance and should never be relied on.

The market is unpredictable.

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