The goal of chart analysis is selecting the ideal time to buy and sell securities based on purely technical stock market data.
Chart analysis is based on the belief that the development of stock market rates – the “chart”- contains all the information necessary to make a correct analysis.
Because the theory is not supported by empirical evidence, predictions based on chart analysis alone have long been the subject of criticism.
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moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom.
