October 2015
Intermediate to advanced
704 pages
23h 13m
English
book
Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
by Charles D. Kirkpatrick II, Julie R. Dahlquist
Content preview from Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
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Chapter 12. Trends—The Basics
Chapter Objectives
By the end of this chapter, you should
• Know why identifying trends is paramount to profits in securities
• Be able to recognize an uptrend, a downtrend, and a trading range
• Understand the concept of support and resistance
• Be familiar with the major methods of determining trends
• Be familiar with the major signals that a trend is reversing
We are now entering into the more controversial aspects of technical analysis: the analysis of trends, and in Part IV, “Chart Pattern Analysis,” the analysis of patterns. This is the “fuzzy” aspect of technical analysis. Because the observations or rules are not specific, they discourage most students very quickly. Rules in technical analysis come from ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
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.