Читать книгу The Handbook of Technical Analysis + Test Bank - Lim Mark Andrew - Страница 19

Technical analysis is the study of market action. It is an extremely popular approach in gauging potential market moves as well as identifying past activity in terms of patterns, proportions, and time. It involves the study of price action, volume and open interest action, market breadth, sentiment data, and the flow of funds. It attempts to identify potentially repetitive patterns in the form of chart and bar formations, price cycles, and seasonality, based on the assumption that there is some reliable degree of repeatability associated with these technical formations.

We shall delve more deeply into these aspects of technical analysis over the rest of this handbook.