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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:
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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.  |
