ForexGen | The Technical Analysis Approach to Stock Analysis

Wouldn’t it be nice if finding the right company where you can invest in stocks is made available to you easily? Instead of you searching for the companies and searching for their individual profile, you’ll just have to look at it in one place. This is the purpose why sites like Featured Profiles exists to provide details about the stock market and the stock pick for the week. Not only will the experienced investors benefit from them. Even novices can utilize the site to give them the fresh start on where to invest their money in stocks. With the available data at Featured Profiles, trading and investing in stocks is made easy. You just have to know how to read the stock analysis at the site and know how to trade as well.
Then it will be up to the Featured Profiles to provide the stock picks, companies that have favorable profile for stocks investment and other relevant data on stocks.

There are lots of things that you can get when you utilize stock resource sites like Featured Profiles. You will get different methods for stock analysis. One of which is technical analysis, which for some is a useful tool for stock behavior. The technical analysis uses charts that determine the trending of stock price in a given period. It also shows the level of the high and low movement of the stocks. Although technical analysis is only one tool in stock analysis, investors find it relevant to have technical analysis approach to stock analysis. And this is present at Featured Profiles when they provide traders and investors with the featured company or stock picks. Aside from the technical analysis, the site also provides other approaches that are even more popular and important such as fundamental analysis and quantitative analysis.

On top of the stock analysis methods present on the featured company in the site, you will also see other important details about anything for stock trading. This includes:

• Stock Hubs. This is about the stock trading details of a particular featured company. Here you will see stock notes on the present stock pick provided by the site. This can be your guide in trading if ever you decide to invest in stocks.
• Stock Pick. In the Featured Profiles, there is no single or few stock picks only. There are several stock picks from different dates. The picks do not necessarily have stock analysis because there are plenty of them. Instead you will only see the profile of the company and its stock price from a particular date. The profiles include the company size, financial data, the company financial activities, and goals. If you are an investor and you have an eye for fundamental and quantitative analysis instead of technical analysis, the data in this Stock Pick would surely be helpful for you.
• Stock Updates. Whatever happens in the previous trading day will be placed in the technical analysis in the Featured Profiles. It only however updates the stock picks present in the site.
• Alert. If you want to receive a regular newsletter from Featured Profiles, you can request for it. The administrators will email it to you accordingly. This will happen once you decide to join in the newsletter. This will surely help if you are serious about stock trading or investing.

The Featured Profiles site will surely be a helpful resource for stock investing.

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ForexGen | A Basic Technical Analysis Course for Pattern Analysis

What are the reasons why market participants buy and sell securities in the market? Knowing those reasons will help us make better informed decisions about buying and selling securities, and knowing those reasons is a key part of technical analysis in pattern analysis. There are thousands of market participants at any point selling and buying securities for many reasons, motives and from different financial positions and information/ knowledge positions: for instance, a wide spectrum might have a love of return and a concomitant hope of gain, an aggressive optimism, hedging, with stop loss triggers, with price target triggers, using perhaps fundamental analysis, or perhaps utilising technical analysis, basing decisions on broker recommendations, and many more. Trying to figure out why participants are buying and selling can therefore be challenging. Chart patterns thus place buying and selling into perspective by combining supply and demand into a kind of concise picture. As a visual and complete record of trading and prices, chart patterns provide a framework to analyze bulls and bears in stock price movements. Hence, chart patterns and technical analysis can help us determine the true, bigger picture.

What might pattern analysis do? Pattern analysis can be utilised to make short term or long term forecasts about stock prices. Data can be intraday, daily, weekly or monthly, and patterns can be as short as one day or as long as many, many years. Furthermore, for example, gaps and outside reversals may form very quickly in one single trading session, while, broadening tops and dormant bottoms may take months to be established.

Yet it should be said that technical analysis can be science and, then again at other times, art. In addition, pattern recognition is open to interpretation, subject to personal bias. To defend against bias and confirm pattern interpretations, other aspects of technical analysis should be used to verify or refute conclusions. While price patterns may seem similar, no two patterns are alike. False breakouts and exceptions are all part of the game. Hence, careful constant study is required for successful chart analysis. In addition, it is important to know that two basic tenets of technical analysis are that prices trend and that history repeats itself. An uptrend indicates that demand is in control, and a downtrend, that supply is in control. As the balance shifts, a pattern emerges. The majority of patterns fall into two main groups: reversal and continuation. Reversal patterns indicate a change of trend. Continuation patterns indicate a pause in trend, suggesting that the previous direction will resume later. However, just because a pattern forms after a significant advance or decline does not mean necessarily that it is a reversal pattern. Much depends on previous price actions, volume and more as the pattern evolves. This is where technical analysis becomes an art.

To conclude: pattern analysis is the reading of charts, but it’s not that simple. The various motives that motivate and actuate people in the market are part of charts and patterns, and discerning the charts and patterns requires some insight into such behaviour. Yet at the same time, chart analysis and pattern recognition are not science, but art, meaning that good technical analysis is always hard to do accurately. Hence, to give some key important suggestions to budding new technical analysts, the keys to successful chart pattern analysis are dedication, a persistent dedication to learn, focus, by limiting charts, indicators and methods, and consistency, where one should maintain charts regularly and study patterns often.

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