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There are other types of analysis such as technical analysis and chart analysis. The former takes into consideration a stock past trading volumes and price movement, then look s for similarities in its current situation. Technical analysts look for areas where they may see reversals or a change in the direction of the stock or market. Predicting how the markets will move is important in the stock market today, as it will increase your chances of making a profit. Reading and interpreting stock charts will help you stock pick the best shares for your portfolio.
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