👽 obsessed with the Markets 📈

In trading stocks, there is no single "best" indicator, as the choice of indicator will depend on the individual trader's goals, trading style, and risk tolerance. However, some of the most commonly used indicators include:  Moving Averages (MA) - show the average price of a stock over a specified number of days. Bollinger Bands - consist of a simple moving average and two standard deviation lines above and below it, to help traders determine if a stock is overbought or oversold.                          Tap on the book's cover to buy it on amazon for $1 ( Limited time Only) Relative Strength Index (RSI) - a momentum oscillator that compares the magnitude of a stock's recent gains to the magnitude of its recent losses to determine overbought or oversold conditions. Stochastic Oscillator - a momentum indicator that compares a stock's closing price to its price range over a specified number of periods to identify overbought or oversold conditions