Why I use Stock Charts.?
I use charts as part of an investment metric that also includes fundamental analysis, valuation and certain market cycle metrics. I'm going to go into this more in the future but simply put the reason that I like charts is that Charts don't lie. Management at companies lie all the time. So do some of our elected leaders and some of the people you see on TV. But a chart chronicling the daily price movements of a company or index reflects the daily & longer term views of all market participants and it delivers the naked view of all buyers and sellers. We'll talk more on this as the year goes forward. But the first lesson of charting is:
People Lie But Charts Never Do!
<< Home