V. 19:4 (36-41): High-Probability Point And Figure by Joe Demkovich

V. 19:4 (36-41): High-Probability Point And Figure by Joe Demkovich
Item# \V19\C04\041HIGH.PDF
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Product Description

The Basics And Tactics Of A Western Classic High-Probability Point And Figure

If you want buy and sell signals from a charting system, point and figure charting may be for you. by Joe Demkovich

When you purchase stock in a company, you must make two decisions. The first: Which stock should I buy? (Thatís fundamental analysis.) The second: When should I buy it? (Thatís technical analysis.) The fundamental analyst is concerned with financial statements, company history, management, earnings, dividends, industry position, and product popularity. The technical analyst is concerned with supply and demand, accumulation, and distribution. Most stocks have substantial price moves at one time or another. Before a stock price goes up, it usually goes through a period of accumulation, and before the price goes down, it usually goes through a period of distribution. Point and figure (PNF) displays highlight this behavior.




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