A Technical Approach To Trend Analysis: Practical Trade Timing for Enhanced Profits

This is the only modern, action-oriented and practical guide to trend analysis and prediction for the professional trader. Unlike outdated competitive guides, it fully reflects todays markets and charting sciences.   Writing for traders with basic knowledge of trends and technical analysis, Michael C. Thomsett introduces advanced analytical tools for recognizing how risks evolve as trends proceed distinguishing between strong and weak trends objectively evaluating the health of a stocks current price levels, trading breadth, and technical condition and anticipating plateaus, slowdowns, or price reversals.   Thomsett introduces trend prediction based on technical signals such as candlestick reversals, price gaps, and movement through resistance or support, enabling traders to go far beyond mere trend following.