Understand Price Trends: Identify whether a stock is in an uptrend, a downtrend, or a sideways phase to make informed entries and exits with confidence.
Learn Key Chart Patterns: Recognize patterns like flags, triangles, and head-and-shoulders to predict potential breakouts, reversals, and trend continuation effectively.
Watch Volume Movements: Track rising or falling volume to confirm price actions, strengthen trend signals, and avoid misleading or weak breakout situations.
Use Moving Averages: Apply simple and exponential moving averages to smooth price noise, identify trend direction, and determine reliable support and resistance zones.
Read Support and Resistance Levels: Spot recurring price floors and ceilings to plan strategic entries, set stop-losses, and anticipate trend shifts before they occur.