A picture is worth more than a thousand words. Trading would be almost impossible without charts and technical analysis. Trading is all about anticipating and predicating rather than forecasting. Technical analysis is the best tool a trader can have.

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A great way to identify and measure the trend of a stock is by using moving averages. A moving average is simply an average of closing prices over a specified time span. Charting software really makes your job easier as all you need to do is specify which time frame you want and the software [...]

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