Stock price is mainly driven by demand and supply. There are two types of analysis fundamental and technical Fundamental analysis measures performance of a company and intrinsic value through financials and qualitative and quantitative factors. But access to information is not available easily to retail investors.
Technical analysis provide insights on demand and supply and chart pattern basis price and volume help to make more informed decisions. Its always to trade penny stocks as it is highly risky and illiquid. Candlestick chart is better than line and bar chart as it quickly visualize the relationship between open and close.
, , Basics of Analysis, chart, Demand, fundamental, Supply, technical
