Technical Analysis Explained

What is technical analysis? It is a term often misunderstood by many. I have heard arguments that go as far as calling technical analysis as a mystical art which compares to tea leaf reading. Nothing annoys me more, honestly then when I see the two being compared side by side. With that said, let me explain in a very simple way what Technical [...]

Technical Analysis – ABC Down Formation

ABC Down Formation is a technical analysis formation used not only to predict entry and exit points on a trade, but also to determine potential targets. Knowing stock target helps us determine risk/reward ratio. One can not determine risk/reward ratio without knowing, or having some idea where the targets are. We could know the risk based on where [...]