Technical Analysis - Stock Charts - Thoughts
on Technical Analysis
I use technical analysis to find a stocks support and resistance level.
I also track a stocks moving average, such as 10 - 50 - 200 day moving averages. While this is studying a stocks
past trading or performance, I have been very successful using these three technical analysis indicators. Support
and Resistance Levels - The levels where I think buyers and sellers are waiting respectively based
on the charts and my personal opinion from watching the stock all day and/or trading it. I use technical analysis for
long term investing, active day trading, or making a swing trade ( buying a stock and holding it for several days or weeks
).
