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Platforms: TdAmeritrade, Yahoo finance
Search the company. Choose Analyst Reports.
“Full report” will give you way more detail, you can even see individual analysts and get a profile on them to see their success rate...pretty cool
You can also see what company insiders have been doing with their own stock
Chart Reading for former resistance
Better for trading, if you’re looking to measure for profit
Gaps, previous highs, former support
Examples: Zoom has all of these. After reaching an all time high in October of $588, the stock price is down to $349. It stopped above a gap, the same gap that it took up in August from $325 to $440. A clear support formed at $400 now becomes the near-term resistance if the price turns back up. If it continues to fall, the next support will be the 200 day MA which is at $313 as of Sunday night.
SO, anyone going long will see $400 as the target and anyone going short $313 should be the target
Conversely, a chart like Tesla cant have a price target outside of analysts guessing. There is no legitimate way to determine a point of resistance for a chart like Tesla.
Complex equations taking into account various fundamental factors
PE ratio, EPS, Book value, Free Cash flow, etc
Problem with today’s market..everything is inflated. PE ratios are through the roof which will detract
