Letters To S&C
I thoroughly enjoy your mag and can’t wait for the next issue each month. How does one place price targets on any stock? What charts patterns give the best probability of price predictions? Is there a book on the subject dedicated to target setting/interpretation?
YACOOB KADWA, via e-mail
According to Don Bright’s Q&A column in the June 2001 STOCKS & COMMODITIES, “That is something the world would like to know,” and he points out that the price-target predictions by analysts are usually not accurate.
However, we have explored techniques for projecting price targets in several S&C articles that you may wish
to check out, including...