Basics of Price Patterns

Price Patterns Price Patterns result when the market is not in agreement on the value of a stock. Essentially, they are the visual remains of a big battle between bulls and bears. In many ways, they are like weather patterns that you see on the nightly news. Often today's weather can be forecast by looking ... Read more

Oops, you need to Register to see this content.

Using Volume to Confirm

Volume Confirmation In an uptrend, volume should expand as the prices move higher and contract as the prices pull back. As long as this pattern continues, volume is confirming the uptrend. The opposite is true for downtrends. Volume should expand as prices decline and contract during rallies to confirm a downtrend. Negative divergences can occur ... Read more

Oops, you need to Register to see this content.

Price Channels

Price Channels Trending prices often form a channel where prices can be bounded above and below by parallel trend lines. When trend channels form, it is helpful to draw the top and bottom trend lines and monitor how well prices stay within the channel. If prices in an uptrend fail to reach the upper channel ... Read more

Oops, you need to Register to see this content.

Trend Line Analysis

The psychology of fear and greed of market participants ultimately determines the direction of prices in a market. Prices rise with greed (demand) and fall with fear (supply). A price trend is simply a sustained directional price move. It can be thought of as a tilted support/resistance zone. A trend will continue as long as ... Read more

Oops, you need to Register to see this content.

Support & Resistance

This is the seventh part of a series of articles about technical analysis from a new course we're developing. If you are new to charting, these articles will give you the “big picture” behind the charts on our site. If you are an “old hand”, these articles will help ensure you haven't “strayed too far” ... Read more

Oops, you need to Register to see this content.

Candle Volume

This is the sixth part of a series of articles about technical analysis from a new course we're developing. If you are new to charting, these articles will give you the “big picture” behind the charts on our site. If you are an “old hand”, these articles will help ensure you haven't “strayed too far” ... Read more

Oops, you need to Register to see this content.

Candlestick Charts

This is the fifth part of a series of articles about technical analysis from a new course we're developing. If you are new to charting, these articles will give you the “big picture” behind the charts on our site. If you are an “old hand”, these articles will help ensure you haven't “strayed too far” ... Read more

Oops, you need to Register to see this content.

Chart Construction

This is the fourth part of a series of articles about technical analysis from a new course we're developing. If you are new to charting, these articles will give you the “big picture” behind the charts on our site. If you are an “old hand”, these articles will help ensure you haven't “strayed too far” ... Read more

Oops, you need to Register to see this content.

Value in Technical Analysis

The Value of Technical Analysis The reason technical analysis has value is that directional price moves are often sustained for a period of time allowing analysts to detect and profit from the change in price. Even though a technical analyst has many math-based tools to analyze price and volume movement, the process is ultimately an ... Read more

Oops, you need to Register to see this content.

Part 1

Defining Technical Analysis Technical analysis is the study of price and volume changes over time. Technical analysis usually involves the use of financial charts to help study these changes. Any person who analyzes financial charts can be called a Technical Analyst. Despite being surrounded with data, charts, raw numbers, mathematical formulas, etc., technical analysts are ... Read more

Oops, you need to Register to see this content.

Enjoy this blog? Please do me a big favor and share it :)