Allstocks.com's Bulletin Board: Succesful trading techniques/technical analysis

This is topic Succesful trading techniques/technical analysis in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by stock_82 on :

I am just wondering what styles people use to trade penny stocks successfully. I have experimented with a few, but would like to learn more. Please post any successful techniques or technical analysis trends that you look for when trading. Thanks...

Posted by BDUBS07 on :

I use RSI. If close or under 30 i buy. I am up 800% this year using rsi alone. If under, it is a sure buy. Looking at Qbid now. RSI under 30.

Posted by tahoechris on :

fairly new to trading as well, care to explain, or link to somewhere explaining rsi?

Posted by Rics1997 on :

quote:
Originally posted by tahoechris:
fairly new to trading as well, care to explain, or link to somewhere explaining rsi?

I like RSI with MACD, also like to use them with EMA (5,22,50). I find them very helpful when used together

Explains RSI
http://www.incrediblecharts.com/technical/relative_strength_index.htm

MACD
http://www.incrediblecharts.com/technical/macd_and_histogram.htm

EMA
http://www.incrediblecharts.com/technical/moving_average.htm#Exponential+Moving+Average

Rick