Economics Stock Market Questions
A trend line is a line that is drawn on a stock market chart to represent the general direction or trend of a stock's price movement over a specific period of time. It is used to identify and analyze the overall trend of a stock's price movement, whether it is upward (bullish), downward (bearish), or sideways (consolidation). Trend lines are drawn by connecting the highs or lows of a stock's price movement, and they can help investors and traders make decisions regarding buying or selling stocks based on the direction of the trend.