facebookBesides using fundamentals (financial numbers) to help me choose a stock, how can a chart help me choose the right stock? - Seedly

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Anonymous

24 Dec 2019

Events

Besides using fundamentals (financial numbers) to help me choose a stock, how can a chart help me choose the right stock?

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Pang Zhe Liang

24 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

A chart simply tells you whether the price is right to buy, hold, or sell the stock. Other than that, I won't trust it to help me choose my stock.

In addition to fundamental analysis, I will study market trends and read broadly on market news. Through this process, I get to understand the market sentiments associated with the stock and whether it is a worthy pick.

Here is everything about me and what I do best.

Chart doesnt help seriously. Always fundamental analysis (qualitative and quantitative) do much better than chartting in long term.

Besides numbers, quality of the business is the most important part. Qualitative part will tell you more than what numbers can. Especially for the management part.

Chartting cant help you to determine if it is a good stock. Only help you to determine tour entry and exit. More to speculation.

After doing all the FA.. Charting the support and resistance can help you to decide when to enter and exit. Chart cant help you to choose the right stock. I assume right stock is those high quality stocks.

I dont think charts can help you choose the right stock, it most likely can help you decide what wou...

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