What is Technical Analysis?

7:14 PM / Posted by E-pr0 /

Technical analysis can be defined as the study of historical price movements in an effort to forecast future price movements with the primary tool for technicians, as they are often referred to as, being the price chart. Technical analysis is applicable to all securities such as stocks, futures, commodities, indices, and currencies where the price is influenced by the forces of supply and demand.

1 comments:

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