Indicators of Technical Analysis as a Tool of identifying Business Cycle to support Investment Decision in Sports Clubs

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Identifying Indicators of Technical Analysis as a Tool of identifying Business Cycle to support Investment Decision in Sports Clubsthrough the concept and the importance of technical analysis and business cycle, technical analysis indicators and identifying business cycles to support investment decision in sports clubs.
Conclusions:
-        Technical analysis predicts future price change, identifying sports club competitive capacity and investment projects study.
-        Technical analysis indicators are a catalyst for predicting market status and shares prices, technical analyst's opinions and advices shall be considered to take investment decisions.
-        Using graphical representation, it is preferable to use charts of numbers, points, representation columns and simple lines charts.
-        Business cycles assist in predicting economic events and sports club expected performance for next period to help in taking investment decision.
-        There is an agreement between the capital value calculated for sports club and the cash value of guarantee and pursuant to expected returns.

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