1. Technical analysis is examination of prevailing prices using the charts and it helps one to make an accurate assessment of future price and trend of stock. However remember that technical analysis is not 100% correct. One can be sure to get close to 80% of the outcome result as one do not have control over all factors affecting stock movement. One can spot correct opportunities to make investment. Tech analysis can be applied to any time frame.
2. Expectations drive the market i.e. leads to rise or fall in the market. Majority decision prevails and leads to the prevailing price of the stock. Always remember that price is a function of demand and supply. Price is supreme and one should not fight it as it is able to absorb all news. Try to answer "what is happening" and same is more important than "why it is happening".
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2. Expectations drive the market i.e. leads to rise or fall in the market. Majority decision prevails and leads to the prevailing price of the stock. Always remember that price is a function of demand and supply. Price is supreme and one should not fight it as it is able to absorb all news. Try to answer "what is happening" and same is more important than "why it is happening".
Subscribe To Get Free Stock Market Tips in Email Here
