Don't you just love it when a plan comes together?.........speaking of ONVO which has now crept up over $5.....now back to 4.90.
And, for those guys anticipating receipt of their copy of "Stikky Stock Charts", let me mention that it was signals learned from that book which directed my purchase of ONVO a couple days ago at the price of 4.17............that being the "third touch" of the lower trend line. (you'll understand that picture once you're read the first section of the book).
I just heard myself thinking and I need to admit that I am no authority at this stuff at all. I just happen to have found a successful combination of tools and knowledge from that cheap little book. While you await delivery of your book, let me offer my preferred list of charting tools, as follows:
1. In my TDA trading account is my most-liked and user friendly tool called Think or Swim. For those TDA fans, go there and make yourself at home in front of TOS.
2. Freestockcharts.com is quite user friendly and with most, if not all, basic charting aids. Main drawback is that it does not capture sympols from the Pink Sheets......... such as ONVO and MJNA which have been frequently discussed here.
3. Stockcharts.com has a limited charting tool capability.....to get to its tools, first bring up your stock symbol in the home page of the strip chart, then down at the bottom just above "chart attributes" click on the "annotate (flash)(java)" button. Before doing that, I like to make sure I have selected 3-months in the Attributes field...........once in the annotate page you will find multiple tools available in the upper margin...........don't be afraid to give them all a try.
Actually, I found the best way for me to learn my way around the tools in these various charting programs was to pick my favorite symbol and display it in the Freestockcharts.com window. I then began toying with the various widgets to see how they looked and reacted. For example, I selected the Bollinger Bands, 50-day and 200-day Moving Averages, and of course I got familiar with the trend drawing tool. Once with an idea how to manipulate the program I found using each of those applications was similar to each other and therefore required little effort to put each to use............... Once you have the book, you must have a charting program at hand. Also, you must realize that book is merely a basic starter of wisdom and knowledge............ and if you are like me, it opened my eyes so that I began to realize I might be ready to find and emerse myself in deeper learning. I hope you have the same success as I have had with that great little book.