Technical Hunter

Technical analysis: Classic chart patterns for stock picking.

avatarStoid
2024-11-28
Reading Charts - ๐Ÿ“ˆ Hoki doki - this article goes into the logistics of supply and demand when analysing stock movements and is in relation to trading volume which on a supply/demand level is basically the underlying denominator that derives the "Value or Price" of the underlying asset. Economics 101 stuff, but how does this aspect actually correlate with "Wall Street" stocks or indexes fluctuations in terms of value or price? I must say that I have been surprised when analysing past 'market' fluctuations when comparing the changes in the volume being traded and the actual affect that it would or probably better put 'should' have on the stock being traded. I'm somewhat bemused by what I am seeing in some instances so will be very interested in others feedback in terms of the charts ๐Ÿ“Š I
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