The Trend Is Your Friend and so Are Trendlines

by Michael Kahn CMT

Overview

This is the eBook version of the printed book.

This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012) by Michael N. Kahn, CMT. Available in print and digital formats.

The simple, practical guide to understanding trendlines--and riding trends to earn greater investment profits.

The old adage says, “The trend is your friend.” Why? It is because trends tend to perpetuate unless something causes them to do otherwise. If you can identify a trend in its early stages, you can ride that trend for significant profits. Trendlines mark the trend on the chart so it can be followed easily once it is identified....

Product Details

ISBN-13:	9780132102452
Publisher:	Pearson Education
Publication date:	04/30/2010
Series:	FTPress Executive Briefs Series
Sold by:	Barnes & Noble
Format:	eBook
Pages:	11
File size:	553 KB

About the Author

Michael Kahn is Editor of the daily Quick Takes Pro technical newsletter and writes the "Getting Technical" column for Barron’s Online. He is author of two books on technical analysis, a frequent contributor to industry magazines, and former chief technical analyst for BridgeNews.