文档介绍:The 10 Best Momentum Stock Chart Patterns
By Mark Crisp
The Stress Free Momentum Stock Trader
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TABLE OF CONTENTS PAGE
Introduction 3
Cup and Handle Pattern 4
Flat Base Pattern 6
Ascending Triangles 7
Descending Triangles 8
Parabolic Curve Pattern 9
Symmetrical Triangles 10
Wedge Pattern 11
Channel Pattern 12
Flag Pattern 13
Pennant Pattern 14
Head and Shoulders Pattern 15
Inverted Head and Shoulders Pattern 16
Patterns in Technical Analysis 17
How to Read Stock Charts 21
Overview 26
Resources 41
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Introduction
What is a stock chart pattern? It is a method by which you can predict market trends and
turns. A trend is an indicator which shows the balance of supply and demand. When
prices in the market change, they form chart patterns which act as signals so that you can
determine the trend of the stock in the future.
The top 10 best momentum stock chart patterns which we will be looking at are: Cup and
Handle; Flat Base; Ascending and Descending Triangles; Parabolic Curves; Symmetrical
Triangles; Wedges; Channels; Flags and Pennants; and Head and Shoulders Patterns, as
well as Inverted Head and Shoulders Patterns.
In order to assist you in determining the momentum of the stock charts, each of the
aforementioned stock chart patterns will be outlined. In addition, patterns in technical
analysis will be outlined, along with an overview and the resources obtained for this e-
book.
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Cup and Handle Pattern
Introduced by William O’Neil, the Cup and Handle Pattern is a bullish continuation
pattern. The cup part is a pattern and looks like a round bottom formation, which can be
shaped as U, rather than as V. The handle part is a trading range or price movement
which forms after the cup. When the resistance of this range is broken, a signal emerges
indicating that the stock is continuing its move.
The cup and handle is a corrective action after a stock advance. Generally a stock will
have a noticeable