Technical Analysis...

When there is an attempt to forecast a future price by looking at the past data, then you are doing a technical analysis. Many traders are able to get the big picture on an investment price history by doing this. Even seasoned traders will take a look at a chart to see if they are purchasing at a fair price. They will also do this to when entering a sideways market. The price data reflected all market fundamentals. For this reason there is no need to study differing opinions, moods or any other market fundamentals. It is common knowledge that history will repeat itself in...