90. What is Technical Analysis?

Stock Trading University

Welcome to episode 90 of the Stock Trading U podcast!
In this episode, I want to focus on one of the most important concepts in trading known as technical analysis.
While it sounds like an intimidating phrase, technical analysis is simply the study of charts for the purpose of both discerning the current price and volume action in the financial markets as well as forecasting future price movements.
Remember, there is nothing magical about a stock chart as they do not make the price move up and down. Instead, a stock chart simply provides a picture of the current bullish and bearish forces that are in play for that stock at any given time. And because that picture is changing every minute of the trading day, technical analysis is particularly useful for active traders.
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