Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...

the year where the dip gets deeper. #buyingthedip

Hi, mooers!
Ready for another big meal for the mind? Scroll down and get your mind full. As mentioned in previous posts, it is risky to use only one indicator to analyze the entry or exit points. The PSY (psychological line) indicator is no exception.
If you only used the PSY indicator, you could miss out on opportunities. Therefore, we need to consider it with other technical indicators to make the entry or exit decisions. Now, follow me and find out how...

Dear mooers,
We are thrilled to announce that Futu Singapore (“Futu SG”) (“moomoo”) to become the 1st global digital brokerage to offer $0 platform fees*, $0 market data fees, lifetime $0 commissions** on US stocks for all.
We have observed an emerging demand amongst Singaporean investors over the past year in US stocks trading. As part of moomoo's corporate initiatives to offer value to its user...

Key takeaways
· Famed investor Carl Icahn said an economic downturn could be on the horizon.
· How to beatmarket volatilitywith your investments?
Famed investor Carl Icahn said an economic downturn could be on the horizon and he is loaded on protection against a steep sell-off in the market on March 22.
I think there very well could be a recession or even worse.
I think now that we have a strong hedge on against the long positions.Short...