This is a multi-part series for Capital Mind Premium subscribers.
Technical Analysis is how you analyse stocks based on their price movements. Prices are an indication of fear, greed and all those emotions that are inevitably part of stock markets, apart from a belief in the underlying fundamentals of the business.
At Capital Mind Premium we bring you a multi-part demystification of the concept of technical analysis. This is how to use price patterns. In part 1 today, we cover:
- Why Is Price Important?
- The concepts of Support and Resistance
- Stock charts: Lines, OHLC and Candlesticks
- It’s all about the Probabilities