I recently learned a new technical indicator called Williams %R. It is very interesting as it can give information on when to buy and when to sell securities. MarketClub released a video explaining how to use Williams %R to your advantage and uses Crude Oil historical chart as an example.
From this video, it looks like it is time to sell Crude Oil as it recently reached $90 this week. It is currently between 0 and -20% level in Williams %R, which is sell zone. Conversely, -80% to -100% represents a buy zone. I would only apply Williams %R if you are short term investors.
Applying Williams %R technical indicator, I would say AAPL are in sell territory. Should we be selling AAPL for a short term gain? What are your experience in using Williams %R technical indicator?
American Express Blue Cash Credit Card: Everyday or Preferred - Many of my friends have been asking me which American Express credit card they should sign up for. The answer really isn’t that simple because it depends o...
11 months ago