How I Look At Stock Charts...

In the video below, I explain why Wall Street uses the terms Bulls & Bears.  I also go through the first couple of things I look at on a chart.

I will talk about Trends.  I look for 3 trends and all have to agree with each other.

Trend of price which includes the examples below....

      Bullish Trend - A high, higher low and higher high in price.
                                                            OR
      Bearish Tread - A low, lower high and lower low in price.

I also look for the Long Term Trend indicator using a lagging 50 (SMA) simple moving average and
a Short Term Trend indicator using 15 (EMA) exponential moving average.  50 SMA is the main trend to watch once price shows a bullish or bearish trend.  The 15 EMA puts you on alert to what the 50 SMA will likely do next.  We increase our chances of making money when all 3 indicators agree and are pointing in the same direction (either up or down).  Feedback is welcomed.