BlogNovember 2, 2022Michael Covel

“I have a feeling you will tell me to ignore all other charts…”

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Michael, a very basic question: When a stock, etf., etc., moves to a positive trend but is overbought according to a Chaiken oscillator, should I wait for an oversold condition? I have a feeling you will tell me to ignore all other charts.

By the way, I listened to your podcast with Larry Hite and am almost finished with his book, The Rule. Great read. Thanks so much.

L. O.

You are welcome!

But what is a Chaiken oscillator? What is oversold? This is not trend following.

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