Technical analysis has collected information on market price movements, using a chart and it is predicted future trends. The concept of technical analysis based on the assumption that all the factors that affect or may affect the price already included in the current price. Based on previous trends can predict the future price movements of shares of a certain company. The trend can be bullish or rising trend line and decline or bearish trend line. The primary means of technical analysis are graphs. The concept of technical analysis involves the application of a wide range of graphs, among which the most significant were: line, bar, and candlestick. The main task of technical analysts, therefore, involves the monitoring of the previous trend of share prices as a basis for predicting future trends – growth, decline or stagnation. For this purpose, technical analysts or chartist, using different techniques such as figures that indicate a change or continuation of trend and indicators.
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