Registered User
Joined: 12/11/2004
Posts: 6
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Is anyone familiar with (edited by Moderator)? They analyze the stock for you using TA and tell you if it's outlook is bearish or bullish based on that analysis. I don't think it's the greatest indicator but I want to know what you guys think.
Are there any other sites similar to this one?
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Registered User
Joined: 11/13/2004
Posts: 141
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There are a few web sights that do what you mention, But I would not depend soley on the fact they state a stock is bulish or bearish, as TA is often subjective and different trading systems will often yield different results, depending on the state of the market, the stock your are watching, and your own investment style. These sights are no substitute for learning the ropes of TA and developing your own trading plan, rather you should consider them an extra tool in your TA toolbox, and use them as secondary indicators for confirmation of what you already seeing in the chart.
UserTM
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