Allstocks.com's Bulletin Board: Questions about charts

This is topic Questions about charts in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by SuperSniper00 on :

Can someone please explain to me what is L2, RSI, MACD etc?

What do they do and what are you looking for when analyzing them?

Posted by Jelly on :

L2 is a level 2 (quote, watch the feeds and time and sales)

RSI is the Relative Strength Index

MACD is the moving day average.

If you want to learn them, GREAT. There are some good books by Toni Turner. Or you could throw them in a search and research them more. I'd explain, except I'm sick and have kids tugging on me to be done working.

Posted by Livinonklendathu on :

This should answer your questions:

http://stockcharts.com/education/

Posted by SuperSniper00 on :

Hey thanks guys, I appreciate it a lot.