Technical analysis existed long before fundamental analysis came into the picture. But the former has gained unprecedented popularity among traders in recent times. Investors bet high on statistical trends about a stock’s intrinsic value. What makes this investment model a hot ticket?
An error that earns money. Who would have thought that an 18th century rice trader in Japan, Sokyu Honma, would have paved the way for how traders buy and sell stocks in 2021. Centuries later, in India, the rice trader method The traditional method of valuing stocks is gaining popularity. Investors move closer to technical analysis as fundamental analysis becomes redundant for many in the rapidly evolving digital economy.
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