The History of Technical Analysis
Author | : Buff Pelz Dormeier |
Publisher | : Pearson Education |
Total Pages | : 37 |
Release | : 2011-01-26 |
ISBN-10 | : 9780132734332 |
ISBN-13 | : 0132734338 |
Rating | : 4/5 (32 Downloads) |
Book excerpt: This is the eBook version of the printed book. This Element is an excerpt from Investing with Volume Analysis: Identify, Follow, and Profit from Trends (9780137085507) by Buff Dormeier. Available in print and digital formats. The deep historical roots of technical analysis: how investors discovered the indispensable profit opportunities hidden in charts Most investors assume fundamental analysis preceded technical analysis. That appears logical: It takes two opposite opinions to produce a price, and a series of prices creates the chart. But this logic presupposes that prices were exchanged based upon the item’s fundamental value alone. However, behavior may be as much a part of the price equation as value.