Author: Michael Taylor

Support & Resistance

Support and resistance are two common concepts when it comes to technical analysis. They are the most basic but also the most important points when plotting levels on a chart. Technical analysis is a self-fulfilling prophecy as many traders and investors look at the same levels on charts, and therefore support becomes support because people […]

Why shorting is good for investors

Although I am much more of a trader myself as I rely on trading profits to pay my bills, I do think investors have much to be gained learning from the art of short selling stocks. There are several reasons that will be explained in this article, but first it is important to understand what […]

The Four Stages of a Stock

Technical analysis is either loved or hated. Many people like to claim it as ‘voodoo’ and trying to predict the future, but the fact is that technical analysis is useful simply because everyone looks at the same charts and sees the same patterns. It becomes a self-fulfilling prophecy. Those who do not bother to learn […]