A “vortex indicator” sounds like it would be a great device to take to Sedona, Arizona on a quest to find one of the area’s magical vortices, and receive some of its spiritual enlightenment. But don’t add it to your Sedona packing list just yet, because as it turns out, a vortex indicator has pretty much nothing to do with magical vortexes.
No, the “vortex indicator,” or “VI,” is an indicator that tells us whether a stock’s current trend is likely to continue, or whether a new trend has started. Which, we suppose, could bring its own form of enlightenment.
Anyway, the VI is basically just two plotted oscillating lines: one line (VI+) shows positive trend data, usually in green, and the other one (VI-) shows negative trend data, usually in red. When the lines are just cruising along on their merry ways, it means the stock’s current trend is continuing. When the paths cross, though, that’s when stuff gets real. That cross signals a trend reversal: if the stock was in an uptrend, now it’s crossing into a downtrend. If it was trending down, now it’s trending up. It’s a super simple way to quickly look at a pattern chart and see how the security is trending, and whether that trend looks like it’s about to change.
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Finance: What are Triple Bottom and Trip...2 Views
Finance allah shmoop what are triple bottom and triple tops
All right well this is a triple top It wants
to break out The stock was trading down here around
five bucks a share in and glam o it went
up And yes blam o is the name of the
company's new anti constipation drug a huge hit So it
went up up up to hear it Fifteen bucks tripled
in value in just a few months but then sober
reality began to hit the investing community There simply wasn't
enough constipation to go around So the stock began to
flag and traded down teo here this level at twelve
bucks But then glam o again released big news a
partnership with manish of its grandma tsa and the american
cheese manufacturing association So the stock raced again to fifteen
But no there just wasn't enough enthusiasm from buyers pay
more than fifteen bucks a share for it So you
know that's all despite this newly created a kind of
market So the stock sank back to twelve only to
then have investment interest from procter and gamble owners of
sharman who bought five percent of the company at thirteen
fifty ish year and left a lot of investors thinking
surveyed by the whole company complete with its product line
of anti constipation drinks Waymo glam Oh thankyou memo But
alas the investment community would not pay up past fifteen
to share and the stock flagged again sinking back to
twelve having created a triple top and needing something to
make things really start you know going So yeah that's
a triple top What about a triple bottom Well a
triple bottom and basically just the same thing in reverse
like this keeps hitting a low point looking like it's
going tio bottom out further But then it recovers on
the subject of bottoming out well glam o is now
available in new chewable gummy form Yeah glam o so
you never have to worry when your bottoms out