Swing trading is a strategy that aims to capture short- to medium-term gains in a stock or any financial instrument over a period of a few days to several weeks. Traders use technical analysis to identify potential entry and exit points, focusing on price patterns, support and resistance levels, and moving averages. Key patterns include bullish and bearish flags, head and shoulders, and double tops and bottoms. Swing traders often use tools like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to gauge momentum and potential reversals. This strategy requires a keen eye on market trends and the ability to react quickly to market changes, making it suitable for those who can dedicate time to monitor their trades regularly
