Using A Technical Stock Chart
When buying or selling shares on the stockmarket, there are essentially two types of people ( and a mixture of the two also ). They are:
1) Fundamentalists
2) Technical Analysts
People that use a technical stock chart rely on technical indicators based on history to predict the future and/or set entry/exit points based on those probabilities. In other words a technical stock chart helps traders decide when a stock is good for buying or selling. Equally it also tells the trader that is looking to trade stock whether to just leave it alone altogether for the time being.