Technical Analysis of Stock Trends

Long considered the definitive foundational work on technical analysis, this milestone, expanded 9th edition of "The Bible of Technical Analysis" offers both proven, time-tested trading and investing techniques and updated contemporary know-how for success in different market conditions: how to improve your trading and investment success by analyzing stock trends; how to apply the three basic principles of charting, and how to interpret common patterns; when to buy, how to use stops; how to avoid significant losses by using charts to figure out when and how far prices will fall; what to do during speculative frenzies; contemporary updates to Dow Theory; practical portfolio theory and practice; and, 500 plus real-life chart examples - each an analysis and trading lesson in itself.

Robert D. Edwards advanced the original Dow Theory, developing a unified and cohesive presentation, including new and clearer styles of analyses of pattern formation, trends, and support-resistance levels. John Magee approached the stock market from an engineering point of view, building on the solid foundation laid down by Dow and Hamilton. An expert on both stock and commodity trading, he founded the well-known charting and advisory firm of John Magee Inc.