Technical Analysis Tools Used in Stock Trading

Stock Trend Line  

A stock trend line is a technical analysis indicator consisting of at least three points plotted on a chart for security to form an upward sloping or downward sloping trend line. You can use the slope and direction of the trendline to forecast future prices. 

Short selling signals are often derived from these lines by considering where the price has broken below a previously identified support level, reaching toward a new resistance level which may indicate further price declines ahead. Basing the trend line on the closing price for candlestick charts can produce a more reliable line.

The Relative Strength Index

(RSI) measures the magnitude of recent gains and losses over a specified period. If the RSI is between 30 and 0, the security is overbought because investors are buying aggressively. If it is between 0 and 30, the asset is oversold and primed for a rally. …

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Oracle has a DeFi problem now, ChainLink could help

Decentralized Finance has been continuously rising and growing, but it still has not been fully figured out by a lot of the commentators. The mechanisms and nuances are still to be discovered by most of them, and to be quite frank, they should hurry. The pace of innovation is impressive (and exhausting).

There are ongoing works and projects coming from all around the world, and we’re going to focus more on one solution, that (if it succeeds) could become something revolutionary. These are the ‘oracles’ for the Decentralized Finance world, which could enable experts to have access to the detailed real-time assets price.

So what is Chainlink doing in the middle of this?

Chainlink is among the companies that are active in this space, and really, it’s an interesting option for the investors. While some are looking for lucrative investment options, others are looking for ways to partner up with

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Golden 5 rules to manage your trading emotions

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Emotions instigate the trader to make the wrong decision. If you want to make money, you have to keep the emotion separate from the trading decision. People should learn to control their emotions as it is necessary to perform better. Investors should not try to make any decision emotionally, it can cause huge problems. When the person will be able to think logically and act practically, he will be able to gain success. There are some ways of controlling emotions which will help the person to control this. Let’s know about these.

Take a Break

Continuous work is not good for making progress. When you will work continuously, it is not possible to do well. But, if the investor takes the break, he will be able to reduce the negative emotions and generate positive energy. Traders in Singapore should take proper rest so that they can be able to …

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