CHAPTER 7
Stock Charts
Stock charts and technical analysis play an important role in stock market research and analysis. Technical analysis, unlike fundamental analysis, usually ignores the actual nature of the company, market, currency, or commodity. It is based solely on stock charts, namely, the price and volume information. Stock charts usually show high, low, open, close, and volume data of a security. These charts allow you to plot the change of a stock price over time, analyze the history of stock price changes, and predict the future price of a stock based on prior price history.
In this chapter, I’ll show you how to create a variety ...
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