Master the Art of Reading the Market, Not Just the News.
Stop guessing and start reading the "tracks" left by the smart money. In this course, we demystify the language of charts, indicators, and patterns. Technical analysis isn't about having a crystal ball—it’s about understanding the present battle between buyers and sellers to identify high-probability opportunities.
Course Highlights:
The Blueprint of Price: Master chart timeframes and learn exactly what the market is telling you before you ever place a trade.
The Psychology of Candles: Dive into candlestick patterns to see the instant shift in market sentiment and spot reversals before they happen.
Decoding Market Formations: Identify powerful patterns like Head & Shoulders, Flags, and Triangles—the repeatable "maps" used by professional traders.
Precision Indicators: Cut through the clutter with Moving Averages, RSI, and MACD. Use these tools to gauge momentum and time your entries with surgical precision.
The Trend is Your Friend: Master trend analysis to ensure you are always swimming with the current, whether the market is trending up, down, or sideways.
Bulletproof Risk Management: Learn the "1% Rule," strategic stop-loss placement, and how to protect your capital in any market environment.
Is This Course For You?
Investors: Stop buying at the top. Use technicals to time your fundamental conviction for better entry prices.
Traders: Replace "gut feelings" with a systematic, repeatable framework for consistent gains.
Beginners: Strip away the complexity and gain a clear, visual understanding of how the global markets actually function.
Ready to Get Started? (Special Offer)
Don’t let "analysis paralysis" hold you back. We want to ensure you have the right tools from day one.
On this short call, one of our experts will help you get set up with professional-grade free charting software, walk you through your first setup, and show you how to apply this course content to your own portfolio immediately.
Module 1: The Basics of Charting
How to Access Professional Charts for FREE
You don’t need an expensive terminal to trade like a pro. While most brokers provide charting packages, many are clunky or delayed.
Our top recommendation is Yahoo Finance. Unlike many "free" sites that delay data by 20 minutes, Yahoo provides real-time data for free. In the world of trading, seeing the price now is everything.
PRO TIP: Save your money. There is no need to pay for data feeds when starting out—the principles we teach work on any package, but Yahoo Finance is the best place to begin.
On our Free Strategy Call, we can even jump on a screen-share and set these up with you!
What is a Chart? (The Map)
A chart is simply a visual diary of price history.
Y-Axis (Vertical): The Price of the asset.
X-Axis (Horizontal): The Timeframe.
By looking at a chart, you aren't just looking at numbers; you are looking at a "battle map" showing where buyers took control and where sellers pushed back.
The Timeframe Trap
The biggest mistake beginners make is looking at only one timeframe. Your perspective changes entirely depending on your "zoom."
The Micro View (5-Day - Chart Above): Might show a stock in a "scary" freefall.
The Macro View (1-Year - Chart Below): Might reveal that the same stock is actually in a massive uptrend and is currently just "on sale."
The Golden Rule: Always check the higher timeframe (Daily or Weekly) before making a decision on a shorter timeframe. Never pass judgment based on a single view.
Choosing Your Chart Type
There are three main ways to view price action. While all use the same data, some tell a better story.
1. Line Charts: The Minimalist
Line charts connect the Closing Prices only. They are great for cutting out "noise" and seeing the big picture, but they hide the intraday volatility (the highs and lows).
2. Bar Charts: The Classic
Bar charts show the Open, High, Low, and Close (OHLC).
Left Tick: Opening Price.
Right Tick: Closing Price.
The Vertical Bar: The total range (High to Low) for that period.
3. Candlestick Charts: The Gold Standard
Candlesticks are the favorite of professional traders because they are color-coded for instant sentiment.
Green Candle: Price closed higher than it opened (Buyers won).
Red Candle: Price closed lower than it opened (Sellers won).
Time Frame vs. Time Interval
It is vital to understand the difference between how far you look back and how much detail you see.
Time Frame (The Lookback): Are you looking at 1 month of history or 10 years?
Time Interval (The Detail): What does one single candle represent?
Daily Interval (First chart below, AAPL Example): Each candle represents 1 full day of trading.
Weekly Interval(Second Chart Below, AAPL Example): Each candle represents 1 full week.
Our Preference: For most investors, the Daily Interval provides the perfect balance of detail and trend clarity.
Defining Your Horizon: Short, Intermediate, and Long Term
Short-Term: Focuses on days to weeks. (Uses Hourly/Daily charts).
Intermediate-Term: Focuses on weeks to months. (Uses Daily charts).
Long-Term: Focuses on months to years. (Uses Weekly/Monthly charts).
The Secret: Profitable traders align all three. If the Long-Term is up, the Intermediate-Term is up, and the Short-Term gives you a "Buy" signal—you have a high-probability trade.
Module 2: Mastering Market Trends
Think of the market as having three distinct gears. To be a successful investor, you must align your strategy with the gear the market is currently in.
The Three Timeframes
Short-Term (The "Sprint"): Covers hours to a few weeks. Used by day traders to catch quick price bursts.
Intermediate-Term (The "Swing"): Covers weeks to several months. This is the "sweet spot" for most ShareNavigator members to capture meaningful moves.
Long-Term (The "Journey"): Covers months to years. This is the primary trend used by "Buy and Hold" investors to assess overall market health.
Key Takeaway: Technical analysis isn't a crystal ball—it’s a weather report. It tells you if you should bring an umbrella (Short-term) or if it's a sunny season for the stock (Long-term).
Support & Resistance: The Floor and The Ceiling
Price doesn't move in a straight line; it moves between levels of supply and demand.
Support (The Floor): A price level where buyers consistently step in. It’s a "Demand Zone." When price hits the floor, it’s perceived as "cheap," and buying interest prevents it from falling further.
Resistance (The Ceiling): A price level where sellers consistently take over. It’s a "Supply Zone." When price hits the ceiling, it’s perceived as "expensive," and selling pressure prevents it from rising further.
The Role Reversal Principle
One of the most powerful concepts in trading:
Old Support becomes New Resistance: Once the "floor" breaks, it becomes the new "ceiling."
Old Resistance becomes New Support: Once the "ceiling" is shattered, it becomes the new "floor" for the next move up.
Trading Tip: A level is only "broken" if it stays there. Don't be fooled by a 1-hour dip below support. We look for 2-3 days of trading beyond the level to confirm a true breakout.
The Three Types of Trends
Before you buy a stock, you must identify its "Direction of Travel."
Uptrend (Bullish): Characterized by Higher Highs and Higher Lows.
Technician's Rule: Never short a stock in a confirmed uptrend.
Downtrend (Bearish): Characterized by Lower Highs and Lower Lows.
Technician's Rule: Never "catch a falling knife." Wait for the trend to break before buying.
Sideways Trend (Neutral): Price is trapped in a range.
Technician's Rule: Buy at the floor (Support) and sell at the ceiling (Resistance).
Interpreting the Break
A trend is "broken" when the pattern of highs and lows changes. For example, if a stock in a long-term downtrend finally makes a Higher High and holds it for 3 days, the tide has likely turned.
Putting it into Practice
It’s one thing to see these lines on a page; it’s another to draw them on a live chart for a stock you actually own.
Don't struggle with the software alone.
On this call, we will:
Help you pull up a Free Real-Time Chart for any stock you choose.
Show you exactly where to click to draw your Support and Resistance lines.
Identify the Current Trend of your favorite stock so you know if it's a "Buy," "Hold," or "Avoid."
Module 3: Moving Averages – Filtering the Noise
A Moving Average (MA) is a mathematical way to smooth out daily price spikes to reveal the underlying trend. Think of it as a "smoothed-out" trendline that follows the price.
1. SMA vs. EMA: Which should you use?
There are two primary types of moving averages. The difference is how they "weight" recent data.
Simple Moving Average (SMA): Calculates the average price over a set period. Every day has equal weight. It is slower to react, making it great for identifying long-term, stable trends.
Exponential Moving Average (EMA): Gives more weight to recent prices. It reacts faster to sudden market shifts.
The Verdict: Short-term traders love the EMA for its speed. Long-term investors prefer the SMA for its stability.
2. The ShareNavigator Toolkit: The 5 Key Averages
We don’t guess. We look at five specific timeframes to get a full "weather report" of a stock's health:
The Long-Term "Line in the Sand"
200-Day SMA: This is the big one. It represents nearly a year of trading.
Above the 200-Day: The stock is in a "Healthy" long-term bull market.
Below the 200-Day: The stock is in a "Danger Zone." We view this as a major negative.
The Intermediate Trend
100-Day & 50-Day SMA: These show the medium-term momentum.
The Warning Sign: If the 50-day starts sloping downward while the price is still above the 200-day, it’s an early warning that sentiment is souring.
The Short-Term Pulse
10-Day & 20-Day SMA: Used primarily by active traders. These are volatile and change direction quickly. They are great for spotting "relief rallies" in a downtrend or "pullbacks" in an uptrend.
3. Dynamic Support & Resistance
Moving averages aren't just lines; they act as "moving floors and ceilings."
In a strong uptrend, you will often see a stock drop down, touch its 50-day SMA, and bounce.
In a downtrend, the 200-day SMA often acts as a massive ceiling that the stock just can't break through.
4. Famous Signals: Crosses
You may hear traders talk about "Crosses." While they are famous, at ShareNavigator, we don't pay much heed to them as the share price move has already occurred before the cross occurs. But because you will most likely hear about them, we will give you a short explanation:
The Golden Cross: The 50-day SMA crosses above the 200-day SMA. (Very Bullish).
The Death Cross: The 50-day SMA crosses below the 200-day SMA. (Very Bearish).
Important Note: By the time a "Death Cross" happens, the price has usually already dropped significantly. This is why we use these for trend confirmation—not as a trigger to enter a trade.
The ShareNavigator Philosophy
At ShareNavigator, we use moving averages for two purposes only:
To Identify Trends: Is the path of least resistance up, down, or sideways?
To Identify Support/Resistance: Where might the "big money" step in to buy or sell?
We do not use them for buy/sell signals. They are lagging indicators. We have much better tools for timing entries, which we will cover in the next module.
Module 4: Momentum indicators
To master the "When" of trading, we use Momentum Indicators. These act like a speedometer for a stock, telling you if it's moving too fast (Overbought) or has dropped too far, too fast (Oversold).
At ShareNavigator, we focus on the two heavy hitters: Stochastics and RSI.
1. The Stochastic Oscillator: The "Range" specialist
The Stochastic indicator compares where a stock closed relative to its price range over a set period (usually 14 days).
The Simplified Formula
You don't need to do the math—the software does it for you—but the logic is key:
%K (The Fast Line): Measures where the current price sits compared to the High/Low of the last 14 days.
%D (The Slow Line): A 3-day average of %K to smooth out the jumps.
How to Trade Stochastics
Golden Rule: We find Stochastics most reliable in sideways trending markets. In strong Bull or Bear markets, they can "embed" at the top or bottom and give false signals.
Overbought (Above 80): The stock is at the top of its recent range. The Sell Signal occurs when the lines cross back below 80.
Oversold (Below 20): The stock is at the bottom of its recent range. The Buy Signal occurs when the lines cross back above 20.
2. Relative Strength Index (RSI): The "Trend" specialist
While Stochastics looks at the price range, RSI looks at the velocity of gains vs. losses. It tells you who is winning the tug-of-war.
Interpreting the RSI Scale (0-100)
Overbought (>70): The "speedometer" is in the red. The stock has risen too far, too fast, and a pullback is likely.
Oversold (<30): The stock has been beaten down. A "relief rally" or bounce is often around the corner.
Pro Level: Spotting Divergence
This is where the real money is made.
Bullish Divergence: The stock price makes a New Low, but the RSI makes a Higher Low. This shows the downward "selling pressure" is actually weakening, even though the price is falling. A reversal is likely.
Bearish Divergence: The stock price makes a New High, but the RSI makes a Lower High. This shows the "buying steam" is running out.
3. Stochastics vs. RSI: Which is better?
Neither is "better"—they just have different jobs.
Feature | Stochastic Oscillator | RSI |
Best Market | Sideways / Range-bound | Trending Markets |
Sensitivity | Very high (more signals) | Moderate (fewer, stronger signals) |
Main Use | Finding turning points in a range | Gauging trend strength & exhaustion |
Overbought | Above 80 | Above 70 |
Oversold | Below 20 | Below 30 |
The ShareNavigator Strategy: "The Filter"
Technical Analysis is not an exact science. A stock can stay "Overbought" for weeks during a powerful rally.
How we avoid the "False Signal" trap:
Identify the Trend first: Use the 200-day Moving Average.
Use Momentum for Timing: If a stock is in an Uptrend, we ignore "Overbought" signals and only look for "Oversold" signals to enter on the dip.
Combine Indicators: We never trade based on RSI alone. We look for RSI to hit 30 at the same time the stock hits a Support level.
Module 5: Bollinger Bands – The Market’s Guardrails
Developed by John Bollinger, these bands act as a visual representation of price volatility. They expand when the market is "nervous" and contract when it is "quiet."
1. The Three Components
The Middle Band: Usually a 20-day Simple Moving Average (SMA). This is the baseline trend.
The Upper Band: The Middle Band + 2 standard deviations.
The Lower Band: The Middle Band - 2 standard deviations.
The Logic: Statistically, stock prices stay within these upper and lower bands 90% of the time. When a price hits a band, it is at a statistical extreme.
2. How to Interpret the Bands
The Volatility "Squeeze"
When the bands tighten (get very close together), it indicates low volatility. This is often the "calm before the storm," signalling that a massive price breakout (up or down) is imminent.
Overbought vs. Oversold
Touching the Upper Band: The stock is "stretched" to the upside. It is considered overbought.
Touching the Lower Band: The stock is "stretched" to the downside. It is considered oversold.
CRITICAL NOTE: Touching a band is NOT a buy or sell signal. It is an "Area of Interest." Stocks can "walk the bands"—meaning they stay pinned to the upper or lower line for weeks during a strong trend.
3. The ShareNavigator Strategy: The "Sideways" Advantage
At ShareNavigator, we believe Bollinger Bands are most effective in sideways trending markets. In a strong Bull or Bear market, they often provide false signals.
The "Walk the Bands" Trap: In a crash, a stock can hit the lower band and stay there while the price continues to drop for days. If you buy just because it touched the band, you are "catching a falling knife."
4. Putting It All Together: The Bollinger + Stochastic Combo
We use Bollinger Bands to tell us where the extremes are, but we use Stochastics to tell us when to pull the trigger.
Step 1: Price hits the Lower Bollinger Band (The stock is at a statistical extreme).
Step 2: We wait for the Stochastic Oscillator to cross back above 20.
The Result: This "double confirmation" filters out the false signals and ensures we enter at a much better price.
Summary Checklist:
Bands represent 2 standard deviations (90% of price action).
Use them only in sideways markets for the best results.
Never use them as a standalone buy/sell signal.
Look for the "Squeeze" to predict upcoming volatility.
See the "Squeeze" in Action
Want to know if your favourite stock is about to make a major move? The Bollinger "Squeeze" is one of the most reliable ways to predict a breakout.
On this call, we’ll help you:
Add Bollinger Bands to your free charting software.
Scan your portfolio for any stocks currently "Walking the Bands."
Show you how to layer Stochastics over your bands to find high-probability entry points.
Module 6: MACD – The Trend Power Gauge
Developed by Gerald Appel, the MACD is a "Trend Following" momentum indicator. It is designed to show you the relationship between two different moving averages.
1. The Three Parts of MACD
The MACD Line: The difference between the 12-day EMA and the 26-day EMA. When this line is rising, the "fast" money is beating the "slow" money (Bullish).
The Signal Line: A 9-day average of the MACD line itself. It acts as a trigger to smooth out the noise.
The Histogram: The bars in the middle. They show the gap between the MACD and the Signal line. When the bars get bigger, momentum is accelerating; when they shrink, the trend is getting tired.
2. Reading the Signals
The Crossover (The Trigger)
Bullish Cross: When the MACD line crosses above the Signal line. This suggests it's time to look for buying opportunities.
Bearish Cross: When the MACD line crosses below the Signal line. This suggests momentum is rolling over.
The Zero Line (The Sentiment)
Above Zero: The overall trend is Bullish.
Below Zero: The overall trend is Bearish.
3. The ShareNavigator Philosophy: Stochastics vs. MACD
At ShareNavigator, we are candid about the MACD: It lags. Because it is based on moving averages, the MACD often gives a signal after the price has already started moving. This is why we don't use it as our primary "entry" trigger in sideways markets.
The Comparison:
Stochastics & RSI: Gets you in early at the "bottom" of a range.
MACD: Gets you in later, but confirms the trend is real.
Our Strategy: We use Stochastics to find the entry and MACD to confirm the momentum is sustaining. If the Stochastic gives a buy signal but the MACD remains bearish, we tread carefully—the "bounce" might not have any real power behind it.
4. Divergence: The Ultimate Warning
Just like with RSI, the most powerful MACD signal is Divergence.
If a stock makes a higher high but the MACD makes a lower high, the "engine" is losing power even though the car is still moving forward. This is a massive warning that a crash or correction is coming.
5. Key Considerations
MACD is best in Trending Markets: It thrives when a stock is clearly moving up or down.
Beware of "Sawtooth" action: In a choppy, sideways market, MACD can give "false crosses" frequently.
Always use a filter: Never trade a MACD cross in isolation.
Is Your Favorite Stock Losing Steam?
The MACD is one of the best tools for spotting when a massive run-up is about to end. If you are holding stocks that have performed well, you need to check their MACD "torque."
On this 30-minute call, we will:
Show you how to plot the MACD Histogram to visualize momentum.
Compare your Stochastic and MACD signals to see if they are in harmony.
Help you identify Divergence in your current portfolio to see if it’s time to take profits.
Next Step: You’ve mastered the indicators! Now it’s time to put it all together into a Step-by-Step Trading Plan.
Course Summary: Your New Trading Blueprint
You have now moved from "guessing" to "reading." You’ve acquired the tools to decode market sentiment and time your entries with precision. Let’s recap the journey:
Chart Foundations: You’ve learned that price action is the ultimate truth. You can now distinguish between a minor "dip" and a major trend change using multiple timeframes.
Support & Resistance: You’ve identified the "Floor and Ceiling" of the market, allowing you to buy at value and sell at strength.
Moving Averages: You have a "Line in the Sand" (the 200-day SMA) to keep you on the right side of the primary trend.
Momentum Mastery: By combining RSI, Stochastics, and MACD, you can see the speed and power behind a move—allowing you to spot reversals before they happen.
Volatility Guardrails: With Bollinger Bands, you now know when a stock is overextended and likely to snap back to the mean.
A Final Note on "The Edge"
The most successful investors at ShareNavigator use a dual-lens approach. Technical analysis tells you WHEN to buy or sell, but Fundamental analysis tells you WHAT to buy.
The Secret Formula: Use Fundamentals to find a high-quality company, then use Technicals to find the perfect low-risk entry point. This is how you gain a true edge in the markets.
Ready to Automate Your Success?
Unlock the Power of EquityScan + Your Free Strategy Call
Manual chart-flipping is a thing of the past. Stop wasting hours searching for setups and start trading them. EquityScan does the heavy lifting for you, scanning thousands of stocks in seconds to find the exact "Bullish Engulfing" or "Golden Cross" setups you’ve just mastered.
But we don't just want to give you the keys; we want to show you how to drive.
The difference between a student and a trader is execution. On this final wrap-up call, one of our experts will personally help you bridge the gap from theory to profit:
Custom Setup: We will verify your Free Charting Software is configured with every indicator from this course.
Portfolio Audit: We will review your Current Holdings to see what the technicals are saying about your money right now.
Live Scanning: We will show you how to use EquityScan to find your first high-probability trade using your new skills.
Don't just learn the theory—build your trading desk today.
Invest with confidence