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evaluation of securities by analysing past prices and volume with the help of charting, price patterns and this do not attempt to measure the security’s intrinsic value
studying market activity
Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume
Technical analysis is done for forecasting the direction of prices through the study of Past market data, mainly price and volume.
Technical analyst is the person who studies the market and the trend instead of studying the company. they follow who study the company and do trading.
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