Technical indicators are ubiquitous in the world of trading, and for good reason – they can be powerful tools for predicting future changes in a stock’s price. Technical indicators are best for short-term forecasts and so are most frequently used by active traders,...
Stock prices can either consolidate, uptrend or downtrend and at any given period of time. Trend reversals happen when buyers overwhelm supply and push prices higher and when sellers overwhelm demand and push prices lower. When a downtrend is extensively steep, it can...
What Is A Stock Chart Pattern? Charts are used to visually illustrate the price action of an underlying stock (or any financial trading instrument). When price action repeats itself consistently, it can form an almost predictive pattern based on history. This is...
What is Technical Analysis? Technical analysis is a method of research that focuses specifically on only the price action of a stock or any other financial trading instrument or indices. By plotting the trades on a chart, traders are able to form a visual...
Stock scanners are great tools to help spot opportunities throughout the day. However, these tools can be detrimental if not used properly. It’s easy to spread yourself too thin and jump into any stock that pops up on the scanner. Remember, scanners are just filters...
In the world of trading and investing, there are two types of analysis performed to research stocks: technical analysis and fundamental analysis. Technical Analysis vs. Fundamental Analysis Technical analysis focuses solely on the price action of a stock. It provides...
