July 2015
Intermediate to advanced
352 pages
9h 40m
English
book
A Technical Approach To Trend Analysis: Practical Trade Timing for Enhanced Profits
by Michael C. Thomsett
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Gaps
Another familiar formation in Western technical analysis is the gap. This is by no means a rare pattern; gaps are found often on stock charts and come in many forms.
First is the common gap, which offers no particular significance to interpreting the price chart. One test of a common gap is to see how quickly it gets filled (meaning price retreats to cover the range of prices represented in the gap). It is often the case that common gaps are filled immediately or quickly.
A gap with greater meaning is the breakaway gap. This is so called because it sets up a move in price outside of the established trading range. When this occurs in a direction opposite the prevailing trend, it can be a strong reversal signal. However, because the price ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.