Re:A Java library for technical analysis
by artdigital on Sunday February 20, 2022 @06:27PM
(#30410265)
I do
I don’t plan all my investing around it of course, but being able to quickly read a chart with oscillators like RSI, or spotting bearish patterns (head and shoulders, bear flag) can tell me that maybe I should wait a bit more before entering to see if it actually falls, or if it breaks out and establishes a more uptrend
TA = good to get an idea what’s going on in the market until now
I don’t plan all my investing around it of course, but being able to quickly read a chart with oscillators like RSI, or spotting bearish patterns (head and shoulders, bear flag) can tell me that maybe I should wait a bit more before entering to see if it actually falls, or if it breaks out and establishes a more uptrend
TA = good to get an idea what’s going on in the market until now