Furthermore, indicators should be used to improve your strategy NOT rationalize decisions you’ve already made. If you need to reference the PSAR, MACD, RSI, Bollinger bands, and VWAP indicators before a trade, you’re not operating efficiently. A stock’s trend is the general direction in which the price is moving. Understanding a stock’s trend helps ensure you are on the right side of a trade. For example, if a stock is in a downtrend, it wouldn’t be wise to initiate a long position unless there are clear signs of a trend reversal. Support and resistance are arguably the most important components …