--%>
Assignment Help - homework help

Charting of past prices

Can the charting of past prices be used to predict future prices?

E

Expert

Verified

Investors use several methods of technical analysis to predict the future prices, like candlestick chart analysis, moving average curve, etc. These methods essentially use the historic price patterns to predict the future stock price. The charting of past prices is useful because the stock market and other markets repeat themselves in predictable patterns that the trader can read the first part of a stock price pattern in order to anticipate the second. By executing well timed trades it is possible to profit from predicting stock price in this way.

   Related Questions in Microeconomics

  • Q : All possible prices exceeding in

    Participants in this market would experience a surplus in this market for teleporter buttons: (1) at all possible price per button exceeding P2. (2) equal to distance cd when the price per button equals P1. (3) when this market was primarily in e

    		•
  • Q : Types of Surveys Types of Surveys :

    Types of Surveys: Surveys can be classified by their method of data collection. Mail, telephone, and in-person interview surveys are the most common. Extracting data from samples of records is also frequently done.

    		•
  • Q : Monopolistic Exploitation Can someone

    Can someone help me in finding out the right answer from the given options. In the equilibrium for a price maker firm, the rate of monopolistic exploitation is any difference among: (i) P and MR. (ii) P and MC. (iii) VMP and MRP. (iv) Output price and rate of monopson

    		•
  • Q : Boosting minimum wage laws Boosting

    Boosting minimum wage laws from $5 to $8 per hour is LEAST probable to: (w) give some unskilled workers with higher incomes. (x) cause some low-wage workers to lose their jobs. (y) raise friendship like a basis for employment. (z) decrease unemploymen

    		•
  • Q : Trends in Income Distribution The year

    The year in that a long-run trend towards greater equality within the U.S. income distribution was reversed, therefore income since then has become less equally distributed, it was roughly: (w) 1945. (x) 1960. (y) 1975. (z) 1990.

    Q : Capital markets efficiency What is

    What is capital markets efficiency?

    		•
  • Q : Economic efficiency of purely

    Most economists favor purely competitive markets since they tend to as: (1) economies of scale. (2) large profits. (3) mutual interdependence. (4) corporate organizations. (5) economic efficiency. Hello guys I want

    		•
  • Q : Managerial Economics-Error of omission

    Can someone please help me in finding out the precise answer from the following question. The ‘error of omission’ takes place when: (1) Managers pursue policies which outcome in layoffs. (2) Corporations vend more stock than is really available. (3) Manage

    		•
  • Q : Complementary Goods-Purchasing goods

    Subsequent to Judith buys an American eagle shirt at the mall for 50 percent off, she purchases the matching purse, skirt and earrings. Such extra purchases are illustrations of: (i) Complementary goods. (ii) Substitute goods. (iii) Numbers and ages of the buyers. (iv

    		•
  • Q : Problem on deadweight loss Assume that

    Assume that the domestic demand for television sets is explained by Q = 40,000 − 180P and that the supply is provided by Q = 20P. When televisions can be freely imported at a price of $160, then how many televisions would be generated in the domestic market? By

    		•