“This book is an excellent primer. As a proponent of the art-versus-science school of technical analysis, his primary focus is on the practical aspects of chart reading and how to translate the intelligence derived from charts into investment decisions. If you have ever wondered what technical analysis is, or how you could…
This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012) by Michael N. Kahn, CMT. Available in print and digital formats.
How to recognize market turning points that are just about to happen, so you can profit – and avoid getting hammered.
If some chart patterns are merely a rest stop for the market, others are turning points. If you already own a position in the market and one of these patterns form, it is probably time to consider selling. Here, you will learn to recognize these “reversal patterns”....
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