Showing posts with label Technical Analysis. Show all posts
Showing posts with label Technical Analysis. Show all posts

Monday, April 30, 2012

Technical Analysis

Technical analysis attempts to forecast future price movements by examining past market data.

Most traders use technical analysis to get a "big picture" on an investment's price history. Even fundamental traders will glance at a chart to see if they're buying at a fair price, selling at a cyclical top or entering a choppy, sideways market.