How technical analysis works

the long version

"In clear and concise terms, author and chartered market technician Bruce Kamich explains the basics of charting and analysis and how, by using the technical analysis approach, investors can identify trends, buy at the bottom, and sell near the top. Written for today's volatile market, Kamich offers a tested approach to technical analysis that can be used as a timing tool, a selection tool, and, most important, a risk management tool.". "The author looks incisively at the role of charts in technical analysis; he offers clear instruction on how to read charts, how to determine their draw-backs as well as their benefits, and how to decide which chart to use for different scenarios. Also covered is key information not found in other market strategy books, including the importance of trends and how to identify them; chart patterns; how to trade reversals and gaps; logical indicators; and much more. Finally, Kamich provides case studies that illustrate technical analysis in action."--BOOK JACKET.