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Last
month, we had an overview of technical Analysis. Today we will discuss
certain features of the Recognia Inc. Recognia is a technical analysis
tool used for pattern recognition and is available with DisnatDirect's
trading platforms.
One of the challenges for retail investors has been getting access to
the same information and tools used by professional traders and investors.
In recent years more and more fundamental information has been provided
to retail investors, but until recently information based on technical
analysis has not been as readily available. This situation has arisen
primarily as a result of the perception that Technical Analysis was "too
complex" for average investors to use.
That situation has changed today with the introduction of a new set of
tools that automate the identification and presentation of the price patterns
and other core elements of technical analysis. These tools provide instant
access to information about a stock or index without having to learn how
to identify price patterns or perform the manual activities required to
draw the charts. With these tools you can:
- Identify "bullish" or "bearish" patterns
and other events for a specific stock
- Screen stocks for new investment opportunities using
technical analysis
- Set alerts to ensure you're notified when a stock or
index triggers a pattern
- Learn more about the patterns and other events provided
by the tools
"Technical events" occur when a significant pattern has formed
or a significant price activity has occurred in a financial instrument.
These events highlight price situations that may be worth considering
when making an investment decision. You can view technical events for
a stock or index. Technical events are often described using interesting
names that characterize the pattern - "Candlestick", "Diamond
Top" and "Shooting Star" are a few examples.
"Stock screening" is performing a search for new investing opportunities
using a range of criteria, such as price limits, and pattern specific
information. Using these criteria a Stock Screener will scan all of the
stocks and find those that had technical events matching a given selection.
From this list you can review each of the stocks and decide if one of
them is right for your investing objectives.
You can also set up Technical Event "Alerts" that will automatically
alert you by e-mail to technical events and patterns in specific stocks
or indexes as they occur.
In order to try Recognia, you may download one of DisnatDirect's 3 demo
trading platforms for a 15-day free trial. Click
here to register for access to the trading simulator. For additional
information regarding Recognia, please do not hesitate to contact our
Customer Service Representatives at 514-842-0582 or toll free at 1-877-842-0582.
| N.B.
This bulletin is offered for information purposes only. Investments
must meet each investor's objectives. Disnat does not issue any recommendation
about a product or give out any opinion on the nature, suitability
or potential value of an investment or of any trading strategy. |
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