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Showing posts with the label STOCHASTIC

KPL Swing trading system

When Stock`s Price increases everyday, the stock holder becomes worried. Of course he should be worried, and before the scripts start falling he should lock his profit. But who knows when it would start falling? Nobody (but smart money sometimes knows). So we need indicators like RSI, OBV, or stochastic. The problem is, even with weak RSI, OVB, or horizontally straight stochastic a script may go up further. So taking profit in fear of falling some times becomes cause of pain, or less profit. So I would prefer a system like KPL swing to give me an exit signal first. Then I would exit. I would wait and see how much a bullish share can grow. See the Graph of Squiretextile, (data uptodated) Tips :  1. At very bottom is main chart (KPL with, adx) to follow, two others are supporting. 2. Thursday the stock opend bellow its previus day`s closing, but closed above it. Which indicates weekness. 3. Yet there is no fall signal (down arrow) and no ADX (price bar in deep green) appeared. So I w...