You will now have the opportunity to practice technical analysis. This project i

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You will now have the opportunity to practice technical analysis. This project i

You will now have the opportunity to practice technical analysis. This project is organized into four nearly identical parts. Do all five parts. You will be using the free services onhttps://www.tradingview.com/for all parts on this assignment. You do not need to pay for an account. The free access will work just fine. (There are many different charting services available. Examples are BarChart.com, Think or Swim, and TradingView.com. You can even do some of this on Yahoo Finance. I prefer TradingView.com because they have some robust tools to play around with.) Pay attention when I am asking you to capture your screen. Use the camera icon in the upper right of the chart (preferred option) or the Snip & Sketch Tool in Windows (google this if you are not familiar). You may spend a little time playing around with the website if this is new for you. After the assignment is over, you are encouraged to play around with this free website and see what you can learn. If you are really interested in technical analysis, then check out Elliott Wave Theory at the vendor of your choice and keep your education rolling…
***** When you are doing this project, you need to focus on interpreting the current technicals to make an active trading decision. Looking at the past helps you understand how a stock has behaved. Looking at the present gives you some thoughts about predicting the future. I can tell you with absolute certainty who won last year’s Superbowl, but all the bets are being placed on next year. If your discussion comprised 8 well-formed sentences, then 1-2 could be on the past and the rest should focus on the present and what you think the technicals are telling you about the future. Projection is the name of the game with technicals. Do not make the mistake of your entire discussion telling me only about the past.
The professor is really strict. Please follow the guidelines. In case of any questions, text me please!

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