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Be Your Own Stock Analyst
Be your own stock analyst with the help of Candlestick charting techniques. Why not be your own stock analyst? A stock analyst is simply the person who does the homework needed to decide if a stock price will go up or down in the future. Using both fundamental and technical analysis a stock analyst looks at basic factors about the company in question and how the market reads those factors. Stock market analysis always falls into these two categories, fundamental analysis and technical analysis. Fundamental stock analysis looks for intrinsic stock value and a margin of safety in long term investing.
Technical chart analysis of stocks with tools like Candlestick pattern formations looks current movement of stock prices and compares with historical data to make accurate predictions as to future market trends and market reversal. There is always a risk in following someone else’s advice. Learn Candlestick analysis and be your own stock analyst. You will know more about how the market works and will be able to see the information that stock analysts see first hand. Then you will be trading stocks with your own information and not based on someone else’s stock market tips.