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Thank you very much for taking the time to put together this resource Question regarding Lesson 2: Lets say stock BFAM 50-DMA is @141.53 200-DMA is @158.83 I purchased today at 150.58$. Did I correctly analyze this stock? I also looked at its trend patterns, specifically it's pre-COVID19 price, which was peaking at 150-160$. It's more recent patterns and trends represented to me a possible "DIP," or buying opportunity. How would you view BFAM based ONLY on Lessons 1 and 2. I have Support at 148$ and Resistance at 165$ representing a possible ideal BUY time? Thank you Joe
This is really an informative and tremendous sharing about technical analysis....by the way, where is the quiz that mentioned?
I think this post covered most of the basics in detail to get you up and running. For the most part these technical analysis strategies are based on moving averages, chart patterns, and candlestick patterns. If you'd like to get into a complete course on TA, feel free to write to me and I can put you in touch with my course. Hope this helps. Cheers