How To Read Stock Charts
Understanding how to read stock charts as a beginner is one of the most basic functions of a stock market investor. You will never make money if you can’t learn to recognize when is a good time to buy and a good time to sell stocks in companies.
There are a few important concepts to know as well as a few particularly easy stock patterns to keep an eye out for in the charts.
This video discusses price channels, support and resistance, and head and shoulders patterns. You will see these patterns appear on stock charts dozens of times a day throughout different markets and with different companies stocks.
The video also explains how to read candlestick charts, one of the most useful ways to view a chart today. The candlestick charts are packed full of data that can help a beginning stock trader understand what they need to do in order to make the best investing decisions possible.