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xeo
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When people say "bullish" and "rubish" what do they mean? What do they indicate - good, bad, buy, hold, sell...?

Please use the below link to educate me.

http://stockcharts.com/def/servlet/SC.web?c=gte,uu[m,a]waclyyay[pb50!b200][vc60][iUb14!Lg]&pref=G

I saw the red line went down, the blue line went up, and they crossed over in April last year. What does that tell me?

MA (50) 2.32
MA (200) 1.10

What are these mumber telling me?

Thank you very much.


xeo
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bdgee
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xeo,

You need to get on over to

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/2/t/007806.html?

and work through that whole thread. Then if you aren't satisfied, there are references there to many more pages that came before. There are GTE experts along that link, but I ain't among them.
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xeo
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Bdgee, I am not doing the chart for gte. I just want to learn the chart in general. Thank you very much.


xeo
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Machiavelli
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MA = Moving Average ... the most common ones are the 50 day and 200 day MA ... i use the 20/40/60 day MA's for my charts... don't worry about how to calculate the MA's ...the charting software you use does that for you or charting website ... but to calculate it on a daily basis is done by adding the closing price of the last 20 days & divide it by 20 (for a 20 day MA) and that is what the 20 day MA for the day is... MA's tend to act as RESISTANCE AND SUPPORT.. when a stock is trading above it's MA's they act as SUPPORT... when a stock is trading below the MA's they tend to act as RESISTANCE ... hope this helps...

--------------------
Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna
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xeo
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Yes, it does help.
Thanks,


xeo
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