Lesson 2. Free academy #mezashite
Trend: The overall direction of a market or security, which can be upward, downward, or sideways.
Support and Resistance: Levels on a price chart where the price struggles to fall below (support) or rise above (resistance).
Moving Averages: Statistical measures smoothing out price data over a specific time period. Traders use them to identify trends and potential entry/exit points.
Indicators: Mathematical calculations forecasting future price movements. Examples include the relative strength index (RSI), moving average convergence divergence (MACD), and stochastic oscillator.
Chart Patterns: Specific formations on a price chart believed to predict future movements, such as head and shoulders, triangles, and wedges.
Asset Price: The current selling price of an asset.
Asset Value: Based on the underlying fundamentals of an asset. Investors focusing on value look for assets trading below their intrinsic value.
Understanding these terms empowers traders and investors to analyze markets and make informed decisions. While technical analysis isn't foolproof, it serves as a valuable tool for identifying potential trading opportunities. #academy #mezashite
