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Basic Assumptions of Technical analysis of Stocks Technical analysis is a method of evaluating securities by analysing the past prices (Historical prices) and Volume. Technical analysts do not attempt to measure a securitys intrinsic value but instead use charts and other tools to identify patterns that can suggest future activity. Market Discounts Everything: A major criticism over technical analysis is that it only considers movement of share price ignoring the fundamentals of a…
This day in History: Oct 29, 1929: Stock market crashes http://dingeengoete.blogspot.com/ https://thegreatdepression2013.wikispaces.com/file/view/stock-market-crash-1929_4.jpg/300111964/stock-market-crash-1929_4.jpg
In 1929, the stock market crashed when investors traded about 16 million shares in one day which led to its crash. Today, the stock market is in a more stable condition but still sees its fair share of ups and downs.