Synopsis
The author uses channel analysis to determine how certain share price cycles, made up of both random movement and predictable cyclical movement should behave in the near future, giving the investor a powerful prediction tool
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From the Back Cover
Brian Millard?s clear, concise style has established his reputation as a leading finance author. In the second edition of this highly popular work he uses channel analysis to determine how certain share price cycles, made up of both random movement and predictable cyclical movement, should behave in the near future, giving the investor a powerful prediction tool. Channel Analysis enables investors to:
- Scan rapidly a pool of 50?100 shares for new opportunities
- identify the start and end of trends only a few days after the event
- use one of three stop-loss methods as added insurance against extreme random movements
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