technical analysis exercise 1D Chart 12Apr22 for PLTR, SE & INTC
Technical Analysis Exercise (12Apr2022) This is looking at charts based on technical analysis of their 1D chart. It is strongly recommended to conduct fundamental analysis before we conduct any technical analysis . Abbreviation (based on 1D chart) MA = Moving Average MA50 = Moving Average 50 days (short term trend) MA200 = Moving Average 200 days (longer-term trend) Being prudent, I will give preference MACD indicator for the following logic: I will rather be late than too early. I may get lesser profits but I could (potentially) avoid a bigger loss (entering too early and catching a falling knife). One of the factors influencing my decision will be the Beta of the stock (above 1 being more volatile). If the stock is more volatile, I may consider leaning more on stochastic than MACD. As per my previous article, MACD is giving a much more reliable signal than Stochastic . PLTR 1D chart as of 12Apr22 2320hrs Avg. Volume is 52,748,511 ...