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Atlanta Stocks Charting
BetterTrades, a leader in stock market education headquartered in Atlanta, has developed its business around the goal of providing customers with a path to financial freedom. The company has something to offer investors of all skill levels and specializes in teaching both market fundamentals and more advanced techniques for trading the market.
One advanced technique that is highlighted extensively in the BetterTrades curriculum is stocks charting. Charting is a type of technical analysis that focuses solely on the past price movements of a certain security. Unlike fundamental analysis, stocks charting does not focus on analyzing individual companies and their strengths to predict price movements. Rather, charting attempts to identify past price patterns and to use these patterns to calculate future movements.
One charting technique that is used extensively is the concept of support and resistance. This approach involves identifying points on a stock's chart where supply and demand meet. Support is usually below the current price, and is defined to be the point where demand prevents the stock's price from declining further. Resistance is essentially the opposite of support, commonly established above the current selling price. Stocks normally meet resistance when its price discourages the desire to continue purchasing. Typically, support and resistance tend to hold at the same levels for several months, and the stock prices tend to fluctuate between these levels. As part of a BetterTrades education in charting stocks, students learn to identify points of support and resistance and ways to use this knowledge to profit.
Another charting technique that can be used to analyze stocks is moving averages. Moving averages are a popular technical analysis tool that is used to depict the long-term trend of a specific stock. Moving averages are calculated over several different periods, popular ones being the 50-day moving average and the 200-day moving average. The 50-day moving average, for example, is the average of the stock's price over the last 50 days. The range of days included in the calculation moves every day to reflect the ongoing trend of the stock. However, because past information is equally weighted with present data, moving averages often lag behind the stock's movement. This is useful because it smoothes out small fluctuations in a stock's price reflecting only the overall trend. Moving averages can be used alone or as a building block for other technical analysis techniques.
Many of the classes taught in the Atlanta area emphasize charting stocks. While students have the convenience of taking these classes all over the country, the Atlanta based classes are near the BetterTrades headquarters and offer students several locations across the city to choose from. The Atlanta suburbs Marietta and Norcross as well as Midtown Atlanta and Buckhead have all been past locations for classes on charting stocks. Atlanta natives can benefit by attending a class in their hometown and networking with other traders in the area.
Attend an Atlanta course on charting stocks and learn how to expand your investment strategy.
Stocks and Options Education
