
How can I learn to effectively read stock charts???
Do they teach it in college, books, etc..???
If, as it appears that this is your first foray into investing, my own recommendation would be that you learn to look at company fundamentals first. (Learn it well.)
Company fundamentals provide you trading safety, charts can then help you spot opportunity and danger.
I’d also recommend looking at a lot of charts before you “study” them. Try to find the patterns first, try to look at charts(along with fundamentals) and practice trying to predict what is going to come next. When you start to have a little success, then look at some of the texts that were already mentioned, and they’ll make much more sense to you.
The book I’d recommend (other than the others) is Rule #1 Investing.
TechniTrader® Technical Analysis of Stock Charts
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