Thoughts on energy, ZIM, and buying falling knives
Spot on. That's my main takeaway from 2024... Need TA (and to be willing to be stopped out) to avoid being too early on a good opportunity. I was guilty of this in offshore in late 2024 and it hurt!
What specific TA's do you rely on? I'm just looking at simple stuff like 50 DMA vs. 200 DMA, long term trend lines as support/resistance, etc.
The simpler the better IMO. SMAs, EMAs, and price support / resistance. I've seen some use divergence in MACD, RSI, etc successfully as well.
I agree, simple is the name of the game. Daily and weekly Bollinger Bands are my favs.
Spot on. That's my main takeaway from 2024... Need TA (and to be willing to be stopped out) to avoid being too early on a good opportunity. I was guilty of this in offshore in late 2024 and it hurt!
What specific TA's do you rely on? I'm just looking at simple stuff like 50 DMA vs. 200 DMA, long term trend lines as support/resistance, etc.
The simpler the better IMO. SMAs, EMAs, and price support / resistance. I've seen some use divergence in MACD, RSI, etc successfully as well.
I agree, simple is the name of the game. Daily and weekly Bollinger Bands are my favs.