While the media focuses elsewhere, there is one chart I will be looking at. More
- Poll of the Day
Technical analysis scrutinizes equities based on past measurements like asset price and trading volume, which give a view of past performance and stock trends. The technical analysis method does not assign value to a given equity; rather it simply reviews charts and statistical measurement of historical market activity in order to best predict future moves.
Investors should pay close attention to an equity’s direction, speed and distance throughout a technical analysis review. Is the price traveling in an upward or downward direction? What speed is the price moving at? Lastly, what distance will the price travel in a given direction?
An outside reversal off a double-bottom in Market Vectors Oil Services ETF is a good sign. More
The recent move up in Microsoft Corporation is merely a reaction rally. More
Slowing sales growth and a chart breakdown do not bode well for Novartis AG (ADR). More