Publisher's Synopsis
Technical Analysis represents the trend of the market (a stock or a group of stocks) graphically. If more investors are in the market, a stock or a group of stocks, its trend is up until it changes. We divide the trends into short-term, intermediate-term and long-term.
Chartists usually do not consider fundamentals as they believe they have already been priced in the stock price and some fundamentals are not available to the public. To illustrate, a new drug has been discovered, the stock price of the company jumps initially by insiders and the informed. Its fundamental metrics do not show right away but many are buying to boost up the stock price. Last Update: 05/2022Size: 90 pages (6*9)
