Since yesterday’s Financial Bit of the Day was about Fundamental Analysis, I find it suitable to continue today with Technical Analysis. The main focus of Technical Analysis is to study the price and volume of a security. Investors who use this tool identify opportunities based on price trends and different patterns observed in charts. This assumes that the past trading activity of a security and its corresponding changes in price can be used as valuable indicators of the future price movements of that security.
Technical Analysis
Technical Analysis
Technical Analysis
Since yesterday’s Financial Bit of the Day was about Fundamental Analysis, I find it suitable to continue today with Technical Analysis. The main focus of Technical Analysis is to study the price and volume of a security. Investors who use this tool identify opportunities based on price trends and different patterns observed in charts. This assumes that the past trading activity of a security and its corresponding changes in price can be used as valuable indicators of the future price movements of that security.