#交易分析101 II. Core Tools of Technical Analysis

1. Price Charts:

• Candlestick Chart: Displays open price, close price, highest price, and lowest price.

• Trend Line: Connects price highs or lows to identify support levels (potential bottoms when prices fall) and resistance levels (potential tops when prices rise).

2. Common Technical Indicators:

• Moving Average (MA): Smooths price fluctuations to identify trend direction (such as 50-day MA, 200-day MA).

• Relative Strength Index (RSI): Measures overbought (>70) or oversold (<30) conditions.

• MACD: Determines trend strength and reversal signals through the difference between two moving averages.