|
For me I use mainly technical analysis to buy and sell. I use support and resistance levels that I draw on a chart, Bollinger Bands, Fibonacci levels, etc etc.
I really like looking at japanese candlestick charts. Read up on them if you have never looked at them. Lots of bull and bear signals can be seen in a candlestick chart.
That said I still look at the other two types of analysis (Fundamental and Sentimental). A chart isn't going to tell you if some crazy bad news is going to come out. So you have to stay on top of it. Also with an oil stock news like what is going on in egypt and what oil is trading at is a good idea to know.
Iron condors and other strategies like it are great on a neutral stock. Just be sure you are not doing it on stock that is trending in either direction cause you will lose, unless you roll one side.
|