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(Gitman, l &Joehnk, M., 2008)
I learned there are two different way to analyze stock technical and fundamental. Both methods are used to study the financial markets. Technical analysis focuses on the price movement of a security and uses the data to predict future price movements. Users of this method believe there is no reason to analyze a company’s financial statements because that information is accounted for in the stock’s price. When using technical analysis, traders will analyze three types of trends to determine direction:1) Uptrends describe price direction of an asset when the overall direction is moving upward and the goal is to identify a strong uptrend to profit from until if reverses...
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