Here's how you can introduce Technical Analysis to someone unfamiliar with finance.
Understanding technical analysis can be like learning a new language, especially if you're not well-acquainted with the world of finance. It's a method that investors and traders use to evaluate securities and forecast market trends by analyzing statistics gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which looks at economic and financial factors to determine the value of a security, technical analysis focuses on patterns within market data to predict future price movements. Whether you're curious about how markets work or looking to make more informed investment decisions, grasping the basics of technical analysis can be a valuable skill.