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| Topic: |
Business
|
| Number of pages / Number of words: |
6 / 1454 |
Essay's paper body
The tool used by such analyst is converting the chart
in one of the many form of many shapes commonly formed by stocks. Some of such
patterns are:
Reversal Patterns: - Continuation Patterns: -
1. Bump and Run 1.Cup with Handle
2. Double Top 2. Flag Pennant
3. Double Top 3. Symmetric Triangle
4...
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Symmetric Triangle
4. Double Bottom 4.Ascending Triangle
5. Head And Shoulders Top 5. Descending Triangle
6. Head And Shoulders Bottom 6. Price Channel
7. Falling Wedge 7. Rectangle
8. Rising Wedge 8. Measured {Bear} Move
9. Rounding Bottom
10. Triple Top
11. Triple Bottom
Types of trends: Trends can be classified broadly in 3 types...
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