Weaknesses of Technical Analysis Analyst Bias
Post# of 25327
Posted On: 10/27/2012 3:21:27 AM
Weaknesses of Technical Analysis Analyst Bias
Just as with fundamental analysis, technical analysis is subjective and our personal biases can be reflected in the analysis. It is important to be aware of these biases when analyzing a chart. If the analyst is a perpetual bull, then a bullish bias will overshadow the analysis. On the other hand, if the analyst is a disgruntled eternal bear, then the analysis will probably have a bearish tilt.
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