I want to present two perspectives of the “Trendline” as a classical chart configuration – the first perspective through the lens of Robert Edwards and John Magee (“Technical Analysis of Stock Trends”) and the second perspective through my experience trading chart patterns for nearly 40 years.
Most stocks sooner or later will follow the major swings of the market. Individual stocks in a sector or industry group might form similar chart patterns due to economic cycles or sector rotation. These individual stocks can be affected by other factors such as commodity prices.
https://www.peterlbrandt.com/wp-content/uploads/2017/05/Tech-charts-public-blog.jpg8221233Aksel Kibarhttps://www.peterlbrandt.com/wp-content/uploads/2016/03/Factor-Research-Trading-Services-300x79-300x79.pngAksel Kibar2017-05-18 09:09:172017-05-18 09:10:47Long Term Charts - Video Tutorial - Guest Post
https://www.peterlbrandt.com/wp-content/uploads/2017/05/European-Banks-Peter-brandt.jpg8141222Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2016/03/Factor-Research-Trading-Services-300x79-300x79.pngPeter Brandt2017-05-15 10:29:382017-05-15 10:30:11A Turn of Fortune for European Banks
The Cup with Handle is a bullish continuation chart pattern that marks a consolidation period followed by a breakout. It was developed by William O’Neil and introduced in his 1988 book, How to Make Money in Stocks. Cup with handle is a chart pattern that has a well-defined horizontal boundary. Breakouts from chart patterns with horizontal boundary are usually strong and reliable. As its name implies, there are two parts to the pattern: the cup and the handle.
https://www.peterlbrandt.com/wp-content/uploads/2017/05/Cup-and-Handle-Aksel-Kibar.jpg8231233Aksel Kibarhttps://www.peterlbrandt.com/wp-content/uploads/2016/03/Factor-Research-Trading-Services-300x79-300x79.pngAksel Kibar2017-05-10 10:17:552017-05-10 10:18:34Cup and Handle - Guest Post
Factor Trading is honored to be joining forces with my friend Aksel Kibar and his firm TechCharts to provide comprehensive coverage of global forex, futures and equity markets from the perspective of classical charting principles. TechCharts will begin as a subscription-based service on May 22 — with a pricing discount for Premium Members of the […]