Stock trader, Owner and Administrator of "the-wiseguy.com". . . "TA is like surfing. You don't have to know a lot about het physics of tides to catch a good wave. You just have to be able to sense when it's happening and have the drive to act at the right time"

Tesla and Bitcoins.

It is a good thing we bought our Tesla stock and bitcoins in 2020. Shares of Tesla closed down on Monday, as investors betting on a pandemic comeback rotated out Big Tech and piled into cyclical stocks says CNBC. It’s Tesla’s biggest drop when it closed down 10.34%, Tesla’s stock could also…

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Pivot Point Indicator

In short: a Pivot Point is a trend analyser by looking at the high, low and closing price from the previous trading session. A Pivot Point is a popular indicator commonly used by technical traders to determine the overall market trends, as well as potential support/resistance levels over different time frames. Floor…

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A Bull Market

In short: A Bull Market when stocks in general go up about 20% we call it a bull market. A bull market is the market condition when prices continue to rise. Markets follow two general trends over time. Either prices are in an upswing (increase) or they are in a…

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Oversold

In short: Oversold is when there are much more sell orders than buy orders. What is an oversold condition? To understand the term oversold you should really first know what the RSI (relative strenght index) is. The term oversold refers to a condition where a stock has traded lower in…

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Overbought

In short: Overbought is when there are much more buy orders than sell orders. What is an overbought condition? To understand the term overbought you should really first know what the RSI (relative strenght index) is. The term overbought refers to a condition currently above its intrinsic or fair value….

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MACD

In short: When the lines in the MACD crossover it means that a new trend forms. The MACD is the difference between the Moving Average-short and Moving Average-long. The Histogram is the difference between the two MA’s. MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald…

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