Picking stock using Technical Analysis Odhiambo Ocholla

By: Publication details: Nairobi The Standard Group Tuesday January 20 2009Description: p.8 [Financial Journal], The Standard, January 20 2009Subject(s): Summary: Technical analysis is the study of market action, using price charts, to forecast future price direction. The cornerstone of the technical philosophy is the belief that all factors that influence market prices are quickly discounted in market activity. The impact of these external factors will quickly show up in some form of price movement, either up or down.
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Technical analysis is the study of market action, using price charts, to forecast future price direction.

The cornerstone of the technical philosophy is the belief that all factors that influence market prices are quickly discounted in market activity.

The impact of these external factors will quickly show up in some form of price movement, either up or down.

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