How to Identify and Draw Trendlines on Your Charts

How to Identify and Draw

Trendlines on Your Chart

trendlines

A trend line is a straight line that connects two or more swings on a stock market chart.  These lines are important because they confirm the direction the trend and can also act as support or resistance.  If price action breaks through a trend line, it can alert a trader that the current trend may be coming to an end.

 

Title: How to Identify and Draw Trendlines on Your Charts

Duration: 11:00

Submited by: admin

Category: technical analysis

Added on: February 17th, 2013

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