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Categories: Charts, Metrics

Just see: Triple Bottom and call it a day.

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Finance: What is Technical Analysis?12 Views

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Finance a la shmoop what is technical analysis okay we have fundamental [Fundamental analyst sat at a desk]

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analysts who look at what the company does for a living how hard its products

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are to manufacture how much they sell for how big global demand is how [Fundemental analyst check list]

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powerful their brand is what their profit margins are in their growth

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prospects from there how their balance sheet looks you know stuff like that

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technical analysts don't care at all about any of that stuff those are

00:30

fundamental elements of a company technical analyst view stocks only as [Technical analyst chucks the list away]

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trading sardines and really couldn't care less how the companies they are [Sardines with company logos on]

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trading actually make money or run their businesses technical analysts follow

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stock charts with influence from all kinds of shapes made by recent [Examples of shapes on a blackboard]

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historical prices on a graph made by these stocks like you have a triple top

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here right like so there's a hard line is trying to break out of that line line [Top line is highlighted]

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says nook smacking you back down they can't break out so it's triple top and a [Hand smacks the price back down]

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lot of gravity there so no maybe I'm short that stock at the end of that

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triple top all right then you have the dome yeah it just kind of goes up but it

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doesn't really want to break up so it's kind of trading down and then what do I

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do with the stock here I don't know I don't know then you have descending tops [End of the dome is highlighted]

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where Oh tried to break out oh but now it's a lower low because they miss their

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earnings ah now it's a lower low and again they missed so the stocks going [Trend line showing the price going down]

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nowhere it's pretty depressing around here then you have a saucer notably

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shaped like a smiley face yeah you can see the two eyeballs there so you want [Smiley emoji appears]

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to be long that stock somewhere in the middle there because

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then it goes up and does better and yeah life's good and color and dimension gets

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added to the stock charts via other technical things like volumes of shares [Colorful 3d stock chart]

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traded in a given week or day or month if you're having a mini deja vu well it

01:45

might be because you just saw our M night Shyamalan dingdong

01:49

directed video directly cleverly called what is a Chartist and while they're [Girl working behind a computer]

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basically the same thing technical analyst and chart us you know

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same foot so yeah fundamental analyst concerned with nuts and bolts of the

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operations of a business technical analyst concerned with pretty little [Descriptions of each analyst shown next to them]

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drawings of the nuts and bolts reflection on a graph and interpreting

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what that all means a kind of like staring at you know animal problems in [Looking at dung through a magnifying glass]

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the jungle mental health analyst well I had to get a lot of these guys in their

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office sorry different kind of therapy [Both the analysts at a therapist]

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Finance: What is a Chartist?
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What is a Chartist? A chartist is a trader and/or analyst who relies on technical analysis and charts in order to make decisions for trading the ma...

Finance: What are Triple Bottom and Triple Top?
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What are Triple Bottom and Triple Top? In technical analysis, a triple bottom is considered a strong bullish signal. It implies that a support leve...

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