Using Stock Charts
Reading stock charts, also known as Technical
Analysis, is the method of forecasting the future
price movements using price/volume movement history.
Technical analysis is not 100% accurate in
forecasting financials, but it is a highly valuable
tool for finding high reward, low risk trade
opportunities.
Chart Basics
A chart is a sequence of prices and values
plotted over a period of time. The price is
represented on the vertical axis and time is
represented on the horizontal access. Time is
plotted oldest to newest from right to left. Any
security (stock, option, commodity, or future) with
price data over a period of time can be charted to
form analysis.
Below are Technical How To's on Various Chart
Patterns. Click a Link To Learn That Chart
Pattern.