Technical analysis in short stock plays - News Summed Up

Technical analysis in short stock plays


Another lesson learned from the short Virtual Stock Trading Challenge recently held was the effectiveness of technical analysis to make money out of it. It may interest you to know how technical analysis is useful in forecasting—as in to effectively anticipate—future price movements. The principal reason behind it is that stock prices don’t take a random and unpredictable path as the random walk theory suggests. The trends, however, are more discernible and better captured in the short term, which technical analysis can capture with some degree of accuracy. But as seen in the application of technical analysis by the winner of our contest, the execution was not altogether perfect.


Source: Manila Times October 08, 2018 19:13 UTC



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