he Swing Rule by Thomas Bulkowski
Here’s a technique that looks for a particular pattern of price swings to project a price target as the exit.
If you haven’t heard of the “swing rule,” you’re not alone. I found the technique described in the 1988 book Stan Weinstein’s Secrets For Profiting In Bull And Bear Markets. I’ll describe what the swing rule is, test how it works, see how performance has changed over the decades, and optimize the rule ...