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Charles H. Dow, after whom the “Dow Jones” Wall Street index is named, is the founder of many theories, and his contribution to the theories of Technical Analysis is immense. Even after over a hun...
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WHAT IS A CHART AND ITS CONSTRUCTION? Charts used in technical analysis are similar to those seen in any business setting. A chart is a graphical representation of a series of prices over a set tim...
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HISTORY, PHILOSOPHY AND BASIC TENETS Technical Analysis is a study of the past price movements to predict the future price trend. This means that the past direction of prices of a share (determined...
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Technical Analysis is based on presumption that history repeats itself. With conditions and factors similar to the past, market participants will react in a similar way as previously. The activities o...
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