The ART Of The CHART

By Joseph E. Majocha

“Charts provide a picture of where a stock has historically been and where it is currently trading. They can also provide insight to where a stock may be heading. Charts can be used to time buy and sell price points, maximizing gains and minimizing losses, and to warn the investor that something may be changing in the performance of the stock. Chart analysis can be extremely valuable as proper interpretation can greatly enhance the performance of your investment decisions.” – from the Introduction by Joe Majocha

This book guides you through the fundamental “need to know” concepts of technical analysis and displays 60 real-life charts that clarify key points, and teaches you how to make it work for you in an easy to read, to understand and apply methodology. The topics are presented in a logical order and build upon knowledge from one chapter to the next and yet, maintains a simplicity and clarity to the subjects discussed. Practical applications with examples are presented via color charts providing insight to the decision making process of buying & selling stocks.

Using a workbook format, you’ll learn the following:

• Determine the stage a stock or index is trading in:
  - The 4 stages are: BASING, ADVANCING, TOPPING and DECLINING

• Identify the conditions that transition a stock from one stage to another.
• Interpret charts of stocks and indices of major averages and sectors and identify key support and resistance levels.
• Master the basic concepts of relative strength and momentum to recognize the signs of overbought & oversold conditions.
• Use price and volume patterns to identify breakouts.
• Interpret moving averages to analyze their impact on price performance.
• Analyze peaks, troughs and trendlines that can signal a change in the prevailing direction.
• Apply the theory with a common sense set of trading strategies.
• Understand key concepts, indicators and terminologies used in chart analysis.
    
• The importance of adapting a flexible trading strategy.
    
• Know when and why to buy & sell stocks.

Ø       Ultimately - Investment Decisions Based On Knowledge

The ART Of The CHART is a definitive guide to one the most profitable investment tools, and a must for every investor, analyst, and trader of all experience levels. 

This book requires Acrobat Reader Version 5.0 (or higher).  It can be downloaded here.