Timing Stock Buys with an Oscillator by Richard Goedde
ARTICLE SYNOPSIS ...Timing Stock Buys
With An Oscillator by Richard Goedde
Use this oscillator to calculate buy points for a stock in an upward trend.
Oscillators are most useful when prices fluctuate up and down within a horizontal or flat channel (two parallel
lines that contain prices). When the channel is sloping upward as recommended for successful investing, it is more
difficult to determine the point at which %R gives a valid buy signal. In investment analysis, an oscillator is a
mathematical tool used to identify turning points in prices and is useful in timing the purchase and sale of a security.