The goal of technical analysis is to identify particular chart patterns that are thought to indicate directional trends or can predict price movements. The main components of a stock chart are the ...

Understanding Chart Patterns Chart patterns are the building blocks of technical analysis. They offer a snapshot of past price movements and hint at future directions. By understanding them ...

which are also known as entry and exit points Market sentiment Two major types of technical analysis are reading chart patterns and statistical indicators. With the latter, technical analysts use ...