Daily charts, weekly charts, monthly charts
So many to see, do you wonder"Which should I view?"
They're not all the same, let's differentiate
Let's compare them to a mountain
Observing the leaves, looking at the tree, viewing the whole mountain
The details are like the leaves, stepping back to see the tree, and overlooking the whole is the mountain
In terms of stock charts, checking the immediate price movements is the daily chart, stepping back is the weekly chart, and analyzing the overall trend of the stock is the monthly chart
When it's time to think,"I want to trade," check the daily chart
And when you want to grasp"The broader trend of this stock," look at the monthly chart
Use them like that, tailored to your need
If you're day trading, don't forget to check the 1-minute or 3-minute charts too