The Way Forward

Dynamic Rules

• Technical analysis is based on an unproven premise that past movements repeat themselves, but it can become a self-fulfilling prophecy.
• The line chart provides less information than the bar chart, but cuts out noise and is useful for charting long-term trends.
• The point-and-figure chart focuses on even more significant share price movement.
• Japanese candlesticks are for short-term traders and are not used for setting price targets.