Monday, February 15, 2016

Chart Analysis in Stock Market

  • Chart analysis is the technique of using patterns formed on a chart to get an idea about the price movement of a share.
  • There are two types of chart patterns: reversal and continuation.
  • A continuation pattern suggests that the prior trend will continue upon completion of the pattern.
  • A reversal pattern suggests that the prior trend will reverse upon completion of the pattern.

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