technical analysis favorite

One of the tools I regularly use to preserve gains and especially long-term capital gains is writing covered calls on positions that I think can do down in the near term. Technical analysis is a great tool to predict short-term price movements.  Take the example of Crown Castle Internationa. Crown Castle is a real estate investment trust and provider of shared communications infrastructure in the United States. Its network includes over 40,000 cell towers and nearly 80,000 route miles of fiber supporting small cells and fiber solutions. Wikipedia CCI has got most of the ingredients we want for a low-risk equity … Read more

The Relative Strength Index (RSI) was first developed by renowned technical analyst J. Welles Wilder. It is not to be confused with relative strength, which compares a stock’s price performance to that of an overall market average, such as the S&P 500. Instead, the RSI analyzes the recent performance of a security in relation to its own price history. RSI is a valuable tool to determine overbought/oversold levels. There are five major principles of RSI analysis: 1)  When RSI goes above 70 or below 30, it indicates that a stock is overbought or oversold and vulnerable to a trend reversal. … Read more