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Clifford Pistolese - Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition

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Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition: summary, description and annotation

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In Using Technical Analysis author Clifford Pistolese shows average investors how they too can reap the benefits of technical analysis. Well-organized and easy-to-understand, this book explains a variety of approaches to analyzing and interpreting stock market charts. This edition includes chapters on moving averages and accumulation/distribution analysis. Topics include: Basic and complex chart patterns Analyzing trading volume Identifying long-term trends Market timing tactics Self-teaching exercises Glossary of terms

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Page i Using Technical Analysis A Step-by-Step Guide to Understanding - photo 1
Page i
Using Technical Analysis
A Step-by-Step Guide to Understanding and Applying
Stock Market Charting Techniques
Revised Edition
Clifford Pistolese
McGraw-Hill
New York San Francisco Washington, D.C. Auckland Bogot
Caracas Lisbon London Madrid Mexico City Milan
Montreal New Delhi San Juan Singapore
Sydney Tokyo Toronto

title:Using Technical Analysis : A Step-by-step Guide to Understanding and Applying Stock Market Charting Techniques
author:Pistolese, Clifford.
publisher:McGraw-Hill Professional
isbn10 | asin:1557385270
print isbn13:9781557385277
ebook isbn13:9780071368766
language:English
subjectStocks--Prices--Charts, diagrams, etc.
publication date:1994
lcc:HG4638.P57 1994eb
ddc:332.63/222
subject:Stocks--Prices--Charts, diagrams, etc.
Page ii
1994, Clifford Pistolese
ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher and the author.
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the author and the publisher are not engaged in rendering legal, accounting, or other professional service.
ISBN 1-55738-527-0
Printed in the United States of America
12 13 14 15 BRBBRB 98 10 9 8
McGraw-Hill
A Division of The McGrawHill Companies Picture 2
Page iii
I dedicate this book to my father, Anthony F. Pistolese.
Bull and bear markets can elicit strong emotions in
many investors, but your decision making has always
been cool-headed and rational. These attributes have
contributed to your lifetime of successful investing. You
inspired me to develop an analytical approach to the
stock market and I will always be grateful for your
guidance.
Page v
Table of Contents
List of Figures
ix
Preface
xi
Chapter One The Challenge of the Stock Market
1
Picture 3
Common Approaches to Stock Market Strategy
1
Chapter Two Uptrends
5
Picture 4
Uptrend Breakthrough
5
Picture 5
Uptrend Variations
7
Picture 6
Exercises
7
Picture 7
Guidelines for Using Uptrends
7
Chapter Three Reversal Formations at Tops
9
Picture 8
Head-and-Shoulders Formations
11
Picture 9
Double-Top Formations
17
Picture 10
Triple-Top Formations
17
Picture 11
Rounding-Top Formation
23
Picture 12
Descending-Triangle Formation
30
Picture 13
Conclusions
30
Chapter Four Downtrends
35
Picture 14
Points to Remember
35
Picture 15
Downtrend Identification Exercise
37

Page vi
Chapter Five Reversal Formations at Bottoms
39
Picture 16
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