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What information does a chart contain? How can charts improve my investment decisions?

BuySellIQ tracks trends in the market and charts make it easy to identify up, down and sideways trends.  Before making a decision look at the chart to determine if a trend exists and the direction.  An uptrend is formed when each successive price high is higher than the previous high; successive lows are also higher.  A downtrend is the opposite with successive price highs and lows, lower than the previous high or low.  The chart below of NETFLIX identifies uptrends which are numbered as 1-4 and colored GREEN. The patterns in RED are negative patterns or downtrends, with the letters A & B. The Read more

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How do I generate a chart?

After you are logged in, charts can be generated in several ways.  Go to your list and open any list.  Select the symbol you want to see and click on the DOT.  A chart will be generated that shows YTD (year to date) data.  To view shorter or longer periods of time use the time frames shown in the upper left hand corner or simply use the slider in the lower right corner of the chart. Charts can also be generated in the SEARCH category after you have pulled up a symbol.  Follow the procedure outlined above. IQ Filter is Read more

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What is the significance of sideways dots on the chart?

Whenever the dots or the high, low, close bars on the chart move sideways, it is an indication of uncertainty and follows an UP or DOWN move. The consolidation or sideways activity is neither a “buy” nor a “sell”. It indicates of a loss of momentum which is normal during during the pause. A consolidation can last a few weeks or many months depending on the reason for the pause. During such periods patterns often take shape. Examples are rectangles, ascending, descending or symmetrical triangles, wedges, along with several others that are less common. The chart identifies 3 different consolidation Read more