Trend Lines and Channels
Trend lines are straight lines drawn on a chart to connect significant price points, indicating the direction of a trend. CCTV 관련주
Channels are formed by drawing parallel lines above and below the trend line, representing areas of support and resistance.
Support and Resistance Levels
Support levels are price points where a stock tends to find buying interest, preventing it from falling further. Resistance levels are price points where selling interest is strong enough to prevent the price from rising further.
Benefits and Limitations
Benefits
- Timing: Technical analysis can help identify optimal entry and exit points.
- Short-Term Trading: Particularly useful for short-term traders who need to make quick decisions based on price movements.
- Pattern Recognition: Helps traders recognize recurring patterns and trends.