If you are new to investing and looking to become an active trader in the stock market, then you need to know how to read stock charts.
Although most stock charts are pretty basic, understanding how to read them can be quite intimidating for some traders.
What is a Stock Chart
A stock chart is a set of information on the stock of a particular company that generally displays details about trading volume, price changes, historical lows and highs, dividends, current trading price, and other company-related financial details.
Knowing how to read stock charts is one of the best ways to understand the performance of a particular company’s stock.
Stock charts also help you to know how a stock is likely to perform and what is going on in the broader market.