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How does fundamental analysis differ from technical analysis?
Technical analysis does not dig under the hood of a company any examine financial statements or do ratio analyses. Instead, technical traders look to relatively short-term chart patterns to identify price signals, trends, and reversals. Technical traders tend to enter into short-term positions and do not necessarily look to longer-term valuation. The motivation behind technical analysis is largely driven by market psychology.
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Good morning moomooers! Here are things you need to know about today's Singapore:
1. Singapore stocks open lower on Tuesday; STI down 0.4%
2. Goldman Sachs, Blankfein, Cohn must face shareholder lawsuit over 1MDB scandal
3. ecoWise reinstates deputy CEO; will comply with SGX RegCo's directives
4. Stocks to watch: IReit, Oxley, Suntec Reit, UOB, Sembmarine
-Moomoo News SG
Market Trend
Singapore shares opened stronger on Wednesday, tracking overnight gains on Wall Street.
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