Author: | Michael N. Kahn CMT | ISBN: | 9780132312653 |
Publisher: | Pearson Education | Publication: | June 30, 2010 |
Imprint: | FT Press | Language: | English |
Author: | Michael N. Kahn CMT |
ISBN: | 9780132312653 |
Publisher: | Pearson Education |
Publication: | June 30, 2010 |
Imprint: | FT Press |
Language: | English |
This is the eBook version of the printed book.
This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012), by Michael N. Kahn, CMT. Available in print and digital formats.
Discover the surprising “technical” underpinnings of conventional “fundamental” stock analysis.
Let’s take a close look at fundamental analysis. If a company has raised its dividends consistently each quarter, the stock should rise. If earnings continue to grow, that is good, too. This seemingly fundamental information certainly sounds like a pair of rising trends to a technician. A rising trend in underlying factors usually translates into a rising trend in the stock price.
This is the eBook version of the printed book.
This Element is an excerpt from Technical Analysis Plain and Simple: Charting the Markets in Your Language (9780137042012), by Michael N. Kahn, CMT. Available in print and digital formats.
Discover the surprising “technical” underpinnings of conventional “fundamental” stock analysis.
Let’s take a close look at fundamental analysis. If a company has raised its dividends consistently each quarter, the stock should rise. If earnings continue to grow, that is good, too. This seemingly fundamental information certainly sounds like a pair of rising trends to a technician. A rising trend in underlying factors usually translates into a rising trend in the stock price.