Safari, the world’s most comprehensive technology and business learning platform.

Find the exact information you need to solve a problem on the fly, or go deeper to master the technologies and skills you need to succeed

Start Free Trial

No credit card required

O'Reilly logo
Is Technical Analysis for Investors Really All Technical?

Book Description

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

Why technical analysis isn’t nearly as “technical” as you think--and why any investor can successfully use it to profit!

What a terrible name has been bestowed upon this method of market analysis--“technical.” Developing a new bio-medical implant device is technical. Market analysis? That is not technical. True, there are technical terms and research. Mathematical modeling can play a role. But strip away the advanced-level components, and technical analysis is just a tool for deciding to buy or sell....