Is there a site where I can study technical analysis chart patterns?
I've found a number of sites that give definitions of chart patterns, they even give 1 -2 examples...but I want a REALLY comprehensive site that goes over ALL of the major chart patterns and gives real world examples of latest price movements.
Thanks in advance.
Answers
MNSL answered one year ago …
You can try following links:
http://investing.businessweek.com/research/stocks/charts/charts.asp?symbol=MHS
http://www.investopedia.com/university/technical/techanalysis8.asp
http://www.chartpatterns.com/
www.stockcharts.com
EthanR answered one year ago …
The best one that I know of is www.stockcharts.com, then click on the "chart school" link. Under chart school you will find a very comprehensive list of sub categories, and there are several examples given for each definition.
Also, if you click on their "free charts" tab, you can look up charts on any stock, ETF, mutual fund, or index that you would like.
mugsy answered one year ago …
I also use stockcharts.com which is very simply laid out, but give great daily and weekly support and resistance areas with the 50 and 200 day MA's, Use the gallery view to see more, then read.how charts are best used. Also do a google search on "chart patterns" one site there is www.chartpatterns.com/technicalanalysis.htm which is exactely the patterns, I believe you are looking for. These references for patterns can be very useful, especially since the exact same pattern can be a continuation pattern, but in the exact opposite direction, bearish or bullish depending on if the stock is in an uptrend or downtrend. Some patterns can be very similar with just enough difference to suggest an up or down move to come.
There are other great sites out there on technical analysis on candle charts and also indicators as MACD, Stockastics, RSI, Bollinger Bands ect I find that a 30 day moving average line on its own is useful to give the general movement and direction of a stock. It should generally trade on the top of the 30 day MA, but best to have the line moving up in direction for the last 60 days to show a stronger uptrend. When you can combine this with solid fundaments, and being in a strong sector, that is one of the best scenarios to trade long.
mugsy answered one year ago …
Hi again, I just found a site on technical analysis that I was extremely impressed with. It has everything you can think of and extremely well laid out. There is analysis on chart patterns, Elliot Wave, Candle analysis, Reversals, ect EVERYTHING!!! You can get the dailly opinion on stocks with buy or sell rating on different time frames for MACD, MA's. Shows resistance, support areas, alsopivot points. There is much you can veiw for free to see and understand chart patterns. I had a look at there cost for paying customers for dailly analysis which is just $30 USD. If you are dealing with lots of money, I would say that the price is extremelly good for what you should get out of it and the money it will not only make for you, but what it could help save you in costly mistakes. I've had my share of those for sure! Check it out, I am sure you will see plenty that you will like.
Read more from mugsymugsy answered one year ago …
Sorry, I missed the site for my above answer. It is www.trade10.com
Read more from mugsy
