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Charting and Technical AnalysisRead on Amazon

Charting and Technical Analysis

www.amazon.com/dp/B007PRECN2
Corbin WrightGeoff Miles

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Top Highlights

  • The Shooting Star is a Bearish candle that forms after an advance in the stock or index price. Try to think of it in this manner. The price has advanced for several candles, or days, and tries to continue the advance. It opens and trades higher, creating the tall wick on top of the candle, but then the sellers take over forcing the price back down ...
  • 1.    Primary trend 2.    Secondary trend 3.    Minor trend
  • After you first determine the primary trend, and it is advancing, then you can wait for a pullback (secondary trend) to buy your investment.
  • The Accumulation phase 2.    The Public Participation phase 3.    The Distribution phase
  • Bear markets historically last 1.7 years,
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