The Basics of How Technical Analysis Works for Investors

Michael N. Kahn CMT

2010年1月 · Pearson Education

关于此电子书

This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Third Edition (ISBN: 9780137042012) by Michael N. Kahn. Available in print and digital formats.

Why technical analysis works: a quick, easy-to-understand look at the underlying theory.

Investors and speculators react the same way to the same types of events again and again, and this is reflected in the ebb and flow of prices. If one charts this activity over time, patterns emerge. Some of these patterns comprise standard technical analysis, whereas others are created by analysts, based on their own observations and calculations....

作者简介

Michael N. Kahn, CMT, writes the “Getting Technical” column for Barron’s Online and edits the daily Quick Takes Pro technical newsletter. He is author of two books on technical analysis, contributes frequently to industry magazines, and served as Chief Technical Analyst for BridgeNews.