My education cost me $2mm. Let me save you from my mistakes. 1. Breakouts have a consistent set of patterns. 2. Respect price and volume confirmations. 3. Moving averages are important guide posts. 4. Institutional volume is what makes a stock move.
DNF Syndicate, Designer, Chartist, Entrepreneur, Investor, Fanboy. I look at charts from another perspective. Subscribe and follow for latest chart updates. Stay hungry, stay foolish. - Steve Jobs 1955-2011 Twitter @NASDboy email: email@example.com
Tony has been a stock trader/chartist for 38 years. He was a trader/broker/analyst for Merrill Lynch, Dean Witter and Prudential-Bache between 1980 - 1988. Diversification, Chart support/resistance, risk/reward ratios of 4-1 OB, are his trademarks.
Suri Duddella, 20+ years full-time Futures/Equities/Options Trader. Patterns based Algorithmic Trading. Author -- "Trade Chart Patterns Like The Pros" book. Automated Pattern Galleries/Research/Blog: http://www.suriNotes.com
Proprietary Visual Research. Over 23 years studying historical price models, millions of technical Charts. Hosted Financial Cycle talk radio. BIOTECH lover. Opinions are my own and should not be treated as recommendations or financial advice.