Technical Analysis and Stock Market Profits (Harriman Definitive Edition)

Richard Schabacker

• Publisher: Harriman House
• Year: 2021
• eBook ISBN: 9780857199171
• Topic: Business
• Subtopic: Investments & Securities
• Index: Business

With a new foreword by Peter Brandt.Richard W. Schabacker's great work, Technical Analysis and Stock Market Profits, is a worthy addition to any technical analyst's personal library or any market library. His "pioneering research" represents one of the finest works ever produced on technical analysis, and this book remains an example of the highest order of analytical quality and incisive trading wisdom.Originally devised as a practical course for investors, it is as alive, vital and instructional today as the day it was written. It paved the way for Robert Edwards and John Magee's best-selling Technical Analysis of Stock Trends - a debt which is acknowledged in their foreword: 'Part One is based in large part on the pioneer researches and writings of the late Richard Schabacker.'Schabacker presents technical analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail. He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts: Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.

INDEX OF SUBJECTS

Accelerating Peak or Top

indicating strong continuation, 226

relation to Rounding Bottom, 226

trading on; 227

Ascending Triangle

as a reversal, 94

as continuation, 186

false move from, 356

resistance and support set up by, 321

Averages

double tops and bottoms in, 121

charts published by newspapers and magazines, 10, 11

patterns appearing, 70, 121, 382

rounding turns in, 70

support and resistance in, 307

uses of, 382

used in Dow Theory, 299

Bond Market

chart application to, 394

Bottom Formations

(See Reversal Formations)

Bounce

away from support or resistance level, 330

Boundary Lines

construction of, on Triangles, 81

Bowl

as a reversal formation (see Rounding Turn), 67

Break-away Gap

definition of, 252

at break through trend line, 286

caused by ex-dividend drops, 260

difficulty of immediate classification, 251

practical uses of, 252

part of Island pattern, 165, 256

relation to Continuation Gap, 254

support and resistance set up by, 326

use in multiple gap measuring formula; 348

Break-away Move

Indicating direction of move from Triangle, 76

Break-out

Head and Shoulders, through neck-base line of, 50

from Triangle, 78, 181

from Inverted Triangle, 148

from Rectangle, 149, 195

of dormancy, 164

from Flags, 207, 210

from Pennants, 212

from trend, 284

qualifications for valid, 284, 360

early and late break-outs from Triangles compared, 87

from top and bottom reversal patterns compared, 201

reaction following, 94, 161, 168, 183, 289, 319, 323, 327

premature (see Out-of-line movement), 150, 152, 233

as a false move, 350

caused by ex-dividend drops, 260, 360

Gaps formed at, 250, 286, 360

volume action on, 78...

Table of contents

• Cover
• Title
• Contents
• Editor’s Introduction
• Preface to First Edition
• Foreword by Peter Brandt
• Study I: TECHNICAL APPROACH TO STOCK TRADING
• Study II: IMPORTANT REVERSAL FORMATIONS
• Study III: IMPORTANT REVERSAL FORMATIONS CONTINUED
• Study IV: IMPORTANT REVERSAL FORMATIONS CONTINUED
• Study V: MINOR REVERSAL FORMATIONS
• Study VI: MAJOR CONTINUATION FORMATIONS
• Study VII: MISCELLANEOUS INTERMEDIATE PATTERNS AND PHENOMENA
• Study VIII: TREND LINE ACTION
• Study IX: SUPPORT AND RESISTANCE LEVELS
• Study X: MEASURING RULES AND FORMATIONS
• Study XI: USE OF LONG-TERM CHARTS, AVERAGES AND GROUPS
• Study XII: TRADING TACTICS
• Index of Figures by Figure Number
• Index of Figures by Subject
• Index of Text References to Figures
• Index of Subjects