If you are truly looking to educate yourself in Technical analysis here are some of my recommended books to read, as follows:
The Art of Trading by Christopher Tate
Active investing by Alan Hull
Chart Trading by Daryl Guppy
How to Trade in Stocks by Jesse Livermore
The Australian Stockmarket by Ron Bennetts
Australian Stockmarket investor by John English
My indicator alerted me at Friday’s close, that SGH is now good for technical buy, with short stop loss inbuilt to this trade. The very bullish signal that I am waiting on is probably still some weeks/months away before going long. But, as from your article, all is looking very positive for a change in sentiment from the market. In Time, we will be given the answer!
I’m here to make money, so this is not a recommendation! Seek expert advice before investing, and never take advice from anyone on H.C. including myself.
My Advice is that everyone learns their own method that works for them, and takes a pinch of salt from all the books, news, experts, T.V, Warren, Roger and especially all the H.C. Gurus
Golden Rule: Remove completely all emotion from your trading, that way you can laugh the loudest at all posters remarks whether it is for or against your views! That’s lesson number one.
Now I get to sit back and wait for the Napoleons. Bring it on!
SGH Price at posting:
40.0¢ Sentiment: Hold Disclosure: Not Held