what is technical analysis in share market?

[kundanmishra]

I am a finance enthusiast. I help people understand and simplify complex concept of finance and investment.

What is technical analysis in share market?
[font=Söhne, ui-sans-serif, system-ui, -apple-system, 'Segoe UI', Roboto, Ubuntu, Cantarell, 'Noto Sans', sans-serif, 'Helvetica Neue', Arial, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji']Technical analysis in the stock market is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and trading volumes. It involves using charts and other tools to identify patterns and trends in the market, which can be used to make predictions about future price movements. Technical analysts believe that past price and volume data can be used to predict future price movements, and use this information to make investment decisions.
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[kathisterima]

@brocode

[brocode]

@brocode

its basically astrology for stocks

muh patterns

bunch of bogus
nothing more faggy than using technical analysis

some technical analysis indicators can be useful, like RSI and stochastic (mainly these 2 really), to see how much people are dumping and buying stocks. but apart from that, especially those fag bull run and bear run patterns are legit foid tier astrology that mean Nothing.

@OP: study the company well, know the company in and out, their core products, their side products, their revenue streams, their financials, their growth, the public opinion of the company, see what they are trying to do, see if they are executing what they r trying to do.

u r literally buying shares of company. giving ur money to buy a stake, albeit small, still a stake. u wouldnt want to "own" little shares of dogshit companies would u? would u wanna be associated with that? of course not.

research in and out of the company, go through all their financials, and make a review for urself, u urself should be the one doing it from scratch.
if u truly mire the company still after all that, buy its shares. if u dont have the confidence in them or dont feel interested, dont buy its shares.

and if u wanna daytrade, drop the idea if u have small cash. day trading is something which basically returns negligible amounts over a whole month if u r dealing with small cash, and by small cash i mean $5k to $40k.

[brocode]

@brocode

its basically astrology for stocks

muh patterns

bunch of bogus
nothing more faggy than using technical analysis

some technical analysis indicators can be useful, like RSI and stochastic (mainly these 2 really), to see how much people are dumping and buying stocks. but apart from that, especially those fag bull run and bear run patterns are legit foid tier astrology that mean Nothing.

@OP: study the company well, know the company in and out, their core products, their side products, their revenue streams, their financials, their growth, the public opinion of the company, see what they are trying to do, see if they are executing what they r trying to do.

u r literally buying shares of company. giving ur money to buy a stake, albeit small, still a stake. u wouldnt want to "own" little shares of dogshit companies would u? would u wanna be associated with that? of course not.

research in and out of the company, go through all their financials, and make a review for urself, u urself should be the one doing it from scratch.
if u truly mire the company still after all that, buy its shares. if u dont have the confidence in them or dont feel interested, dont buy its shares.

and if u wanna daytrade, drop the idea if u have small cash. day trading is something which basically returns negligible amounts over a whole month if u r dealing with small cash, and by small cash i mean $5k to $40k.

to add to this, i would suggest, picking a niche or a topic of field u have interest/expertise over, for example, oil.

that way u will have more of a thorough, unbiased, and legitimate overview of the company. and plus u generally benefit from having that "core knowledge" giving u an edge.

[brocode]

also wrong forum nigger

[hurt]

@brocode why bother replying to a spam bot? 

[brocode]

@brocode why bother replying to a spam bot? 

At least others reading it will know

[Mustang]

@brocode why bother replying to a spam bot? 

At least others reading it will know

Technical analysis is irrefutable, it just works at a retard level like the market always going up.

[brocode]

@brocode why bother replying to a spam bot? 

At least others reading it will know

Technical analysis is irrefutable, it just works at a retard level like the market always going up.

People who use technical analysis are Supremely braindead