Technical Analysis is the forecasting of possible future price movements based on the past or historical records. Like other forecasting methods, it is using the past to determine the possible future, although the result may not be 100% accurate but it helps investors to anticipate what is the possible price movements ahead.
Technical Analysis is used by many investors and fund managers. It helps them to determine the trend of the market and individual stock, as well as the timing for entry and exit in their investment.
Tuesday, July 15, 2008
Hansg Seng Index Breaking Down?
HSI closed at 21174, falling below its neckline of the head and shoulders at around 21220.
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