Technical Analysis
From Dickinson College Wiki
File:500px-AOLTIMEWARNERCHART2001.png
- Is an attempt to measure the psychology of the crowd and its propensity to build castles in the air.
- All information about earning, dividends, and the future preformance of a company is automatically reflected in the company's past market prices.
- Prices tend to move in trends: a stock that is rising trends to keep rising, whereas a stock at rest tends to remain at rest.