Line Indicators: "All the many supports and resistances, and how you can predict a stock's future!"
0Reading stock charts is more than just looking at up, down, green and red. What if you had a toolbox of line indicators that can show you areas of strength and weakness in a stock's price? You can use the information presented by these lines to influence the types of trades to enter and become a more objective trader!
Enjoy the Tekken Bowl, as well as drawing lines on your charts to have informative charts.
Watch me live streams, where I play games I like:
https://www.twitch.tv/RoyalFlush_TvC
[0:00] Introduction
[1:31] Tekken Bowl, to show use of lines and indicators within a game
[6:04] Real life examples of lines, signs, and warnings
[7:40] Drawing lines on Invesco QQQ ETF, starting w/Fibonacci Retracement
[10:16] Simple Moving Averages
[12:34] Death Cross
[12:57] Golden Cross
[14:05] Trend Lines/Trend Channels
[18:08] Horizontal Lines (for Supply and Demand Zones)
[20:55] Rectangular Box (to project areas of interest)
[22:58] Mentioning Harmonics
[23:44] Combining all the lines to aid in your trading style, closing remarks
Start your trading journey with a Robinhood trading account:
https://join.robinhood.com/edwardv-23a171
📜 Legal Disclaimer:
I am NOT a financial Advisor.
This video is for entertainment and education purposes only.
This video is not financial advice.
You can lose money investing into the stock market.
You are liable for any losses that you incur from investing in the stock market.
I shall not be held liable for any losses you may incur while investing or trading on the stock market.
Contact a licensed financial professional in your area for professional advice.
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