8519julieth
New Member
Color Stochastic indicator shows overbought and oversold levels.
Stochastic readings above 80 suggest market being overbought, Stoch line turns green;
while readings below 20 - market being oversold, Stoch line turns red.
Ability to see these areas at a glance helps to judge about trends and reversals.
While Stochastic stays above 80 (green line) - an uptrend is in progress.
Stochastic readings above 80 suggest market being overbought, Stoch line turns green;
while readings below 20 - market being oversold, Stoch line turns red.
Ability to see these areas at a glance helps to judge about trends and reversals.
While Stochastic stays above 80 (green line) - an uptrend is in progress.
