emehoke

Practice integrating indicators into my predictions. NIO.

NYSE:NIO   NIO Inc.
I find myself trading only MA's and pattern breakouts, and I want to see what adding indicators will do to my decision making. If I looked only at the indicators here I would say it is coming off of a recent low, and should be fine to continue higher. If all I am doing is reading the signals as they are presented, I would think it's coming off of recently oversold, and is a good time to go long for minimal risk.

*Correction on Slow Stoch: Recently Overbought, and now neutral. Makes me think sell.
*Correction on CCI: Recently Oversold, now neutral. Makes me think buy.
*Ma's are down / Neutral. Makes me think sell.
*RSI: Recently Oversold, now neutral. Makes me think sell.
*MACD: Oversold crossover. Makes me think buy.
*Trendline break: Obviously buy.
*Bull Flag: Buy at breakout.
*Candle formations at turn: red hammer, mix-up candle, strong green body. Makes me think buy.

So the indicators are giving me very mixed signals, and the price action/formations are telling me go long. I don't have good rules for indicators. Or else maybe the mixed-ness should just tell me to find a different stock. I did make up my mind I was trading this before I looked at it... just because I knew I was posting here. More gun at the head behavior... not an ideal trading system.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.