/biz/ - Business & Finance

>>1827555
you sort of just stare at the numbers and something will pop up in your mind after a while. you cant really read a book or watch videos to learn technicals, because the details and tricks change all the time in weeks, even days.
but the big idea is just simply supply vs demand. stocks go up then down and repeat. thats it.

if the company is doing good, price has gone up a lot, most of the float (available shares) has already been bought to push it that high, so it will naturally come down because people want their profits. good time to short, bad time to long. after the majority finish selling (which you can determine by several ways) you long again.

its different for stocks that didnt go up at all, but just crashed. because something is wrong with the company, and there will be very much less buying power, so its harder to analyze

can read everything written by this guy http://www.twitlonger.com/show/n_1speb18 if you want to learn some super effective fundamental analysis

heres the pic of the strategy i mentioned about algos. sometimes when a hedge fund wants to buy some low float stock, it doesnt do it all in 1 sitting. that wouldnt be efficient at all. they want low price, so they buy some, stop pushing and wait for people sell to them, then continue. you can see when they're ready to go again by reading the bid/ask and knowing which market maker (the letters) is actually them