Technic
Technical
Terminology
Support : A price level where the price tends
to find bottom as it is going down. This means the price is more likely to
"bounce" off this level rather
than break through it.
Resistance : A price level where the price tends to
find ceiling as it is going up. This means the price is more likely to
"bounce" off this level rather than break through it.
Trend
Line : Trendline are constructed by
joining a series of descending peaks (downtrendline) or ascending troughs
(uptrendline). Trendlines are a visual
representation of support and resistance in any time frame.
Channel The technical range between support and
resistance levels that a stock price has traded in for a specific period
of time.
Bullish
reversal : A change of a trend from
downtrend to uptrend
Bearish
reversal :A change of a trend form uptrend
to downtrend
Golden-cross : A buy signal from technical indicator
crossover
Death-cross : A sell signal from technical indikator
crossover
Overbought ; A technical condition where there is too
much buyer and the price tends to go down.
Oversold ; A technical condition where there is
too much seller and the price tends to go up
Divergence : The differrent direction between the the
price and the tecnical indicator
Throw-back : A condition where price breakout, climbs
and then returns to the breakout price
Pull-back ; A condition where price breakdown,
downs and then returns to the breakdown price
Breakout : When the stock price succeed to break
resistance level
Breakdown : When the stock price succeed to break
support level
Definition
of Recommendation
Etrading
Research uses the following recommendation system:
Buy : Buy when pattern or indicator generate buy
signal
Trading
Buy : Buy recommendation
for a shorter period of time and less profit targets than “buy” recommendations
Buy
on Weaknes (BoW) :Buy when the price is
weaken or at support level
Sell : Sell when patern or indicator generate
sell signal
Sell
on Strength (SoS) : Sell when the price is
strengthen or has reached the target or resistance level
Speculative
Buy : Buy
recommendation for more aggressive traders without waiting for further
confirmation, with consequent higher risk
