Chart Reading

Classic Head And Shoulders

Aug 18th, 2011 | By William Boyett | Category: Chart Reading, Market Report

The S&P recently displayed a classic Head and Shoulder pattern that we can use to determine a bottom to the markets recent decline.
In the graph below you’ll notice the head and shoulder with a neckline (support level of the two shoulders) at 1250 on the S&P. Once the S&P crashes through the neckline, then the [...]



Zanger’s Price/Volume Strategy

Jan 2nd, 2011 | By William Boyett | Category: Chart Reading, Premium, Stock Investing, Trading System

Dan Zanger first came to the attention of the media when Fortune magazine featured him the December 2000 issue. The featured article, “My Stocks Are Up 10,000%” told of his rags to riches story when this simple pool contractor turned professional trader by turning $11,000 into $42 million within two years.
So how did he do [...]



Chart Pattern: Symmetrical Triangle

Feb 6th, 2010 | By William Boyett | Category: Chart Reading, Premium, Stock Investing

Want to discover how one trader turned $11,000 into $42 million?
By using chart patterns to tell when to get in and out of a stock. One such pattern is the Triangle. In this post I’ll examine the Triangle closer and show you how to use it to generate your own millions.
Simply watch the video below [...]



 
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