How do you measure divergence? Most would answer with the RSI to MACD indicators. And how would you measure absorption? Stunned silence! Here is how readtheticker.com reviews absorption between the bulls and the bears.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
..”Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities.”…
Jesse Livermore
..”The stock market is filled with individuals who know the price of everything, but the value of nothing”..
Philip Fisher
