Penny stocks are high-risk high-reward investments & trading them can make you serious money if you can minimize losses. One great way to minimize losses is by learning & using technical analysis to plan and execute trades.
Which is why in this article you will learn the basics of technical analysis & how you can start using it today, along with proper due diligence.
Technical analysis is a method of forecasting the direction of prices through the study of past market data usually in a graphical chart format. In simple terms it is a way to use “technical indicators” to find predictable price patterns for a particular stock.
Getting started with technical analysis is easy. All you need to start technical analysis is reliable charting software, a stock ticker to investigate, and a sound understanding of the technical indicator & chart type that you wish to use.
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