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This week covers a LOT of information which will likely leave some of you overwhelmed. Think of it this way: Technical analysis uses tools such
This week covers a LOT of information which will likely leave some of you overwhelmed. Think of it this way: Technical analysis uses tools such as moving averages or MACD to look for symptoms that inform us about the potential future price movement of the stock. Remember: We are looking to most accurately predict the most likely stock price movement in the future so that we can most confidently determine where to put our hard earned money. If the stock price drops we risk losing money. If the stock price rises we "risk" making money. If we choose to buy one stock instead of another and our stock drops while the other one moves up we lose twice: once on the one we bought and the "lost" gain on the one we didn't buy. In this light, discuss the various technical tools as a symptom highlighter and how these symptoms can help us make the important decision to either buy or sell a stock. Remember also that no single symptom is considered enough and that a combination of symptoms all confirming a similar likely future direction lend support to that future price move becoming a likely reality. For this week
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