Chart Patterns Susan Sanders Shawnee Le Fevre

Slides:



Advertisements
Similar presentations
Automated Chart Pattern Identification
Advertisements

Introduction to Advanced Candlestick Patterns
Beyond Price and Volume
Bar Charts Point and Figure Charts Moving Averages
Technical Analysis 101 : Session 4
Profiting with Technical Analysis Using its two Basic Tools.
Technical Analysis EXTRA. Support & Resistance support is the price level through which a stock or market seldom falls Resistance, on the other hand,
Saeed Ebrahimijam Spring Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Welcome! May 9,  Officer Applications  Investment Competition  Advanced Technical Analysis  Stock Pitch.
Pattern Recognition. Disclaimer Spread Betting is a leveraged product and carries a high level of risk to your capital and it is possible to lose more.
MTA Educational Foundation University Course – Technical Analysis of the Financial Markets ©2007 Lecture 4 - Pattern Recognition This lecture series is.
Saeed Ebrahimijam Fall Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Saeed Ebrahimijam Spring Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
1 Techni Filter Plus Copyright Brightspark February 2004 Chart Pattern Finder Techni Filter Plus from BRIGHTSPARK.
What are “CANDLESTICKS” And How To Use Them.
JAPANESE CANDLESTICK PATTERNS
Your First Step Intothe World Of Trading Understanding The Basics of Trading.
Beyond the Fundamentals Technical Analysis. Technical Analysis vs. Fundamental Analysis Fundamental analysis focuses on economic/financial theory and.
Asset Management Lecture 21. Outline Technical analysis Bar Charts and Japanese Candlestick Charts Major Chart Patterns Price-based Indicators Volume-based.
The Seven Indicators Every Resource Investor Needs to Know Presented by Peter Krauth.
Technical Price Analysis H The analysis of historical prices patterns using charts, diagrams, mathematical equations, etc. H This approach emphasizes how.
With technical analysis, timing is the critical success factor. Technical Analysis serves to determine "when to buy or when to sell" shares. It is concerned.
The six technical indicators for timing entry and exit in a short-term trading program.
Chapter 7: Technical Analysis of the Stock Market
forex2tradeindia TECHNICAL Analysis PATTERNS More Profits in
Technical Analysis of Commodity Markets: Emphasis on Bar Charts.
Saeed Ebrahimijam Spring 2013 Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Technical Analysis Overview.
Saeed Ebrahimijam FALL Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
1 Agribusiness Library Lesson Fundamental Analysis and Technical Analysis.
Using Candle Stick Charts
Saeed Ebrahimijam Spring 2013 Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Saeed Ebrahimijam Fall Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Japanese Candle Stick by Troy Conley
Saeed Ebrahimijam Spring Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Comm W. Suo Slide 1. Comm W. Suo Slide 2  An attempt to exploit recurring and predictable patterns in stock prices  Technicians’ beliefs:
Saeed Ebrahimijam Fall Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Saeed Ebrahimijam Fall Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Saeed Ebrahimijam Spring Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
PRINCIPLES OF MOMENTUM MOMENTUM IS ONE OF THE MOSTLY USED TECHNIQUES OF TECHNICAL ANALYSIS BUT THE LEAST UNDERSTOOD. MOMENTUM MEASURES VELOCITY OF A.
Saeed Ebrahimijam SPRING Faculty of Business and Economics Department of Banking and Finance Doğu Akdeniz Üniversitesi FINA417.
Chapter 16 Jones, Investments: Analysis and Management
Technical Analysis/Trading Introduction. Overview Stockcharts.com What is Technical Analysis/Trading Candlesticks, Bar Charts Trend Lines, Support, Resistance.
Volume, Trend and Momentum Support and Resistance.
Line - Chart. Candlestick chart A trend line with triangles.
Average Directional Index (ADX)
NUS Invest nusinvest.com DISCLAIMER AND DISCLOSURES Please read the disclaimer and the disclosures which can be found within this report GM CHART PATTERNS.
Arab Academy for Science and Technology & Maritime Transport Investment and finance Institute.
GAPS. DEFINITION Gap UP ………….High t < Low t+1 OR Gap DOWN…..…Low t > High t+1.
TECHNICAL ANALYSIS. PRICE PATTERNS A typical price cycle has three trends: up, sideways, and down. The sideways trend is essentially a horizontal or.
How to Use Technical Analysis to Maximize Your Gains Presented by Peter Krauth.
MTA Educational Foundation University Course – Technical Analysis of the Financial Markets © 2011 Lecture 4 - Pattern Recognition This lecture series is.
Technical Analysis Triangles and Wedges. Ascending Triangle The ascending triangle is a bullish pattern, which gives an indication that the price of the.
TAG Villanova Technical Analysis Group. SUPPORT AND RESISTANCE.
TAREK AMYUNI1. 2 PRICE PATTERNS TAREK AMYUNI3 A PATTERN RARELY CHANGES WITHOUT HECTIC SIDEWAYS TRADING THIS IS WHAT WE'LL EXAMINE TODAY.
TAG Villanova Technical Analysis Group. Fibonacci Retracement.
IBD MEETUP/NORTHRIDGE
Investment Management
IBD MEETUP/NORTHRIDGE
DOUBLE AND TRIPLE TOPS AND BOTTOMS
Investment Management
Villanova Technical Analysis Group
PRICE PATTERNS FOR TRADERS
Chapter 7 Volume and open interest
Chapter 8 Long term charts
Chapter 5 Major reversal patterns
Chapter 6 Continuation patterns
Chapter #3 Technical Analysis
Alix Spruce, Nathan Moore,
TECHNICAL ANALYSIS PART 1
Presentation transcript:

Chart Patterns Susan Sanders Shawnee Le Fevre A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

The information contained here was gathered from sources deemed reliable, however, no claim is made as to its accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or times, nor should any of the examples presented be deemed as such. The reference to statistical probabilities does not pertain to profitability, but rather to the direction of the market. The size and the duration of the markets move, as well as entry and exit prices ultimately determines success or failure in a trade and is in no way represented in these statistics.   This is not, nor is it intended to be, a complete study of chart patterns or technical analysis and should not be deemed as such. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Trend - the direction in which the market is moving in. When the supply of the market is greater than the demand, the trend will be down as there are more sellers than buyers.   When the demand is greater than the supply, the trend will be up as there are more buyers than sellers.  If the forces of supply and demand are nearly equal, the market will move sideways. Eventually, when new information enters the market, it will begin to trend again, either up, down or perhaps sideways still, depending on how that information is viewed; positive (bullish), negative (bearish) or neutral (sideways.)   A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Usually, once a trendline is broken, the trend which was previously in force is considered over, or at least in pause.   When an uptrend line or 'support' is broken, it then acts as 'resistance'. When a downtrend line or 'resistance' is broken, it then becomes 'support'. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Breakout is generally accompanied by a marked increase in volume.) Ascending triangles are generally considered bullish and are most reliable when found in an uptrend.   Top part of the triangle appears flat, bottom part of the triangle has an upward slant.   Ascending triangles, market becomes overbought and prices are turned back.   Buying re-enters the market, prices soon reach their old highs, where they are once again turned back.   Buying resurfaces at a higher level than before. Prices eventually break through the old highs and are propelled even higher as new buying comes in.   Breakout is generally accompanied by a marked increase in volume.) A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Descending triangle bottom part of the triangle appears flat. Top part of the triangle has a downward slant – prices drop to a point where they are oversold. Tentative buying comes in at the lows, and prices perk up.   Higher price attracts more sellers and prices re-test the old lows. Buyers re-enter the market, better prices once again attract even more selling Sellers are now in control and push through the old lows while the previous buyers rush to dump their positions.   A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

This pattern is marked by a series of lower tops and lower bottoms. The wedge formation is also similar to a triangle in appearance, but are distinguished by a noticeable slant, either to the upside or to the downside.   A falling wedge is generally considered bullish and is usually found in uptrends, but they can also be found in downtrends as well.   This pattern is marked by a series of lower tops and lower bottoms. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Rising wedges put in a series of higher tops and higher bottoms. A rising wedge is generally considered bearish and is usually found in downtrends.   Rising wedges put in a series of higher tops and higher bottoms. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Rectangles are traded as continuation patterns. They are indecision areas - usually resolve in the direction of the trend.   Trendlines run parallel in a rectangle. Supply and demand and buyer and sellers seem evenly balanced at the moment.     The same 'highs' are constantly tested as are the same 'lows'. The market vacillates between two clearly set parameters.   Volume should noticeably increase on the breakout.) A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Usually represent only brief pauses in a dynamic market. Flags and pennants can be categorized as continuation ‘pause’ patterns.   Usually represent only brief pauses in a dynamic market.   Typically seen right after a big, quick move.   The market then usually takes off again in the same direction.   These patterns are some of the most reliable continuation patterns. Bullish flags - lower tops and lower bottoms, with the pattern slanting against the trend. (Unlike wedges, trendlines run parallel.) Bearish flags - higher tops and higher bottoms, with pattern slopping against the trend.   A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Pennants look very much like symmetrical triangles. Pennants are typically smaller in size (volatility) and duration A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Buyers soon return and push through to new highs (head.) H & S pattern - reversal pattern and it is most often seen in uptrends. Sellers come in at the highs (left shoulder), downside is probed (beginning neckline.)  Buyers soon return and push through to new highs (head.) New highs are quickly turned back, downside is tested again (continuing neckline.)   Tentative buying re-emerges, the market rallies once more, but fails to take out the previous high. (This last top is considered the right shoulder.)   Buying dries up, the market tests the downside yet again. Trendline is drawn from the beginning neckline to the continuing neckline.   The pattern is complete when the market breaks the neckline. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Inverted head and shoulders is typically seen in downtrends. The inverted left shoulder should be accompanied by an increase in volume.  The inverted head should be made on lighter volume. The rally from the head however, should show greater volume than the rally from the left shoulder. Inverted right shoulder should register the lightest volume of all.   When the market rallies through the neckline, an increase in volume is seen.   A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Double Bottoms Double bottoms consists of two well-defined lows at approximately the same level. Pressure falls to a support level, rally and pull back up, then fall to the support level again before increasing. Double bottoms are often seen and are some of the most common of the patterns. Many investors assume that, because the double bottom is such a common pattern, it is consistently reliable. This is not the case and they have high failure rates. If an investor waits for a valid breakout, however, the failure rate declines substantially. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

Double Tops Double tops consists of two well-defined highs at approximately the same level. Pressure rises to a resistance level, pulls back, then rises to a support level again before decreasing. Sometimes called an "M" formation, it is one of the most frequently seen and common of the patterns. Because they seem to be so easy to identify, the double top should be approached with caution by the investor. Many investors assume that, because the double bottom is such a common pattern, it is consistently reliable. This is not the case and they have high failure rates. If an investor waits for a valid breakout, however, the failure rate declines substantially. A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

May you learn to recognize and trade the chart patterns to earn your own pot of PIPS A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude

The End A Revolutionary Opportunity Not just a new product - New modality Incisional closure technology Combines advantages of MSS and absorbable sutures. Sole source – you have no competition Not on contract – virtually eliminates contract issues Value-added – enhances your professional presence Limitless profit/annuity – the gift that keeps on giving Ubiquitous – every specialty is a potential customer Trialability – what you see is what you get, do half and half closure Partner – seasoned professionals, been there attitude