Preview of Technical Analysis Jessie Ding
Technical Analysis: Research the historical data by mathematical and statistical methods. thereby grasp the current market trends Note: A full system security analysis is actually a probability analysis. A. The definition of Technical Analysis To grasp future price trends and judge the future market behavior according to the chart. Four Elements of Analysis: a. Price Changes---the formation of difference in price b. Trend---the direction of price movements c. Chart---Graphical Pattern d. Market Behavior---price changes (4) market behavior - generated price changes Conclusion: Simple, easy to learn, quick to take effect.