Technical Analysis

Technical analysis is method analyse movement of price with seeing the data yielded by just market. Especial data the seen is price a[n product, besides volume and open interest ( for the market of commodity). analysts teknikal don't [count/calculate] the intrinsic value a[n product, but use chart and other appliances ( like indicator, oscillator) to identify a[n pattern/pola to memprediksi price in period to come.
There is three elementary assumption in technical analysis. First assumption that is all basal factors of market have been painted [at] price at that moment. Thereby analysises teknikal only analyse movement of price and not necessarily do the analysis to basal factors be like finansial, economics, politk, lingkunga, and others.
Second assumption that is history tend to recuring by itself, especially movement of price. Key to memprediksi future [is] to studying the past or can be referred also future only repetition of past. Pengulanganpengulangan this sliver his bearing with market psychology, perpetrators of market tend to to give the [is] same reaction of movement of market. Thereby peripatetic market in pattern/pola able to diprediksi.
third assumption that is peripatetic price in a[n trend. analysts teknikal unconvinced in general that peripatetic market at random ( random walk).
Peripatetic price in 3 direction, uptrend ( go up), downtrend ( downwards), and sideways ( beside). When one of this three direction is formed, price in general will make a move the to have continuation in the direction for specified period.