This blog is designed to educate and inform people on the topic of penny stocks. Although only a portion of the stock market, penny stocks can be very profitable for investors. This blog will discuss what companies are emerging into the market at low share prices, as well as existing companies that are booming or failing. Readers will be provided with opening and closing prices of certain stocks. These stocks will include a few that are growing, and the ones to watch out for.
Saturday, December 12, 2009
Technical Analysis Indicators of stocks
These are indicators that assist in predicting stock price direction. Some of these indicators include smooth moving average, bollinger bands, momentum, relative strength index, and others.
During my adolescence I had always heard people mention the buying and selling of stocks. At that time I was uneducated on the topic of trading and what the stock market was all about. My freshman year of high school I landed in a business class. The professor had spent most of his career trading on the floor at the World Trade Center and I knew I could learn something from him. The professor and I developed a friendship and we frequently spoke on business topics and my future school and career plans.
I am now a senior accounting major at URI. Accounting is a very important subject to learn for anyone wanting to learn about business but I cannot see myself pursuing this career until the day I retire. My future plan is to make enough money to invest in stocks and after a few years open up my own hedge fund with the capital I raised from trading.
These are indicators that assist in predicting stock price direction. Some of these indicators include smooth moving average, bollinger bands, momentum, relative strength index, and others.
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