TECHNICAL ANALYSIS What is Technical Analysis‐Definition:•The study of past trends (price, volume, sentiment) to predict the future of the security.(Under the condition of a freely traded market)•Graphical representation of the collective knowledge and sentiment of marketparticipants.Principles of Technical Analysis:•Prices discount everything. End result. (political events, economic news, financial data,earnings release, rumors, general sentiment…)•Prices move in trends. (Not random).•History repeats itself (Price patterns, trading psychology, statistics: descriptive, inference).