Investment Chart Patterns

Name: Investment Chart Patterns
Rating: 4.333333492279053 (3 reviews)

Michael N. Kahn CMT

may, 2010 · Pearson Education

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This is the eBook version of the printed book.

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.

Discover the little-known technical patterns that reveal when the market’s headed sideways.

Markets go up and down, but they also go sideways. Both bulls and bears can lose their desires to buy and sell aggressively as value is established. They wait for the next clues the market will leave as it decides where it wants to go next. Just like a car, trending markets must rest occasionally to refuel. Their “rest stops” are called congestion zones....

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Michael Kahn is Editor of the daily Quick Takes Pro technical newsletter and writes the "Getting Technical" column for Barron’s Online. He is author of two books on technical analysis, a frequent contributor to industry magazines, and former chief technical analyst for BridgeNews.

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