Representatives from Fidelity’s Trading Strategy Desk® will define and use chart patterns, provide examples of important patterns in bar charts and cover patterns featured in profitability studies. This hour-long session will help you to:
- Define patterns and when to use them
- Explore some of the methods and techniques for trading patterns
- Learn the construction of common chart patterns
- Be aware of the limits of technical and chart pattern analysis
Technical analysis focuses on market action — specifically, volume and price. Technical analysis is only one approach to analyzing stocks. When considering which stocks to buy or sell, you should use the approach that you're most comfortable with. As with all your investments, you must make your own determination as to whether an investment in any particular security or securities is right for you based on your investment objectives, risk tolerance, and financial situation. Past performance is no guarantee of future results.