I assign you a project. You will use technical analysis on the charts. You can...
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Finance
I assign you a project. You will use technical analysis on the charts. You can see your assigned common stocks as attached. I want to show you all the things that you have learned up to now. MY COMPANY : LKMNH
What you have to do is simply as follows:
1) Current situation of the stock.
Draw 1. and 2 resistance and support levels (You may use Fibonacci retracements also)
Draw short and long term Trendlines or Channels
short term uptrend-downtrend ?
Long term uptrend-downtrend ?
2) Show 4 different patterns on the historical chart.
3) Draw Moving Averages (Choose time intervals for Mas according to your investment horizon)
4) Write a short comment.
You can use weekly, daily or intraday chart. It is up to you. Also t is up to you, to use candlestick or bar charts.
You can use the websites of investing.com or tradingview.com.
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