ilmscore | How to Read Technical Indicators on Candlestick Charts

How to Read Technical Indicators on Candlestick Charts

Published: 2025-05-05
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
When the 9 EMA and 20 EMA cross each other, it usually indicates that the stock's upward momentum will cease or reverse, making it unfavorable for bullish trading.
"When they start crossing each other that usually is indicative that a stock is not going to work anymore."
Stock Performance (Negative)
Pending
Without a strong catalyst such as breaking news, the 200 EMA will reliably act as a resistance point, and the price will not be able to break above it.
"Otherwise, the 200 EMA is just going to be a resistance point. You're not going to be able to break it."
Price Resistance
Pending
The appearance of a candle almost completely outside Bollinger Bands is a strong indicator of an impending market reversal.
"And in fact, if you ever see a candle like this that is almost completely outside the Ballinger bands, it's a really good reversal indicator."
Market Reversal
Pending
The appearance of a small doji candle (showing indecision) following a strong uptrend (long-bodied bullish candles) indicates a high probability of a market reversal to the downside.
"That battle after you've had such a high level of strength, that battle indicates there's a really good chance we're going to see a reversal back down."
Market Reversal
Pending