 | George A. Fontanills, Tom Gentile - Business & Economics - 2002 - 464 pages
...Pub. Co.. May 1998 281 ROADMAP TO SUCCESS Objective Course of Action Technical Analysis Definition Technical analysis is the study of market action....for the purpose of forecasting future price trends. according to Technical Analysis of the Financial Markets by John ]. Murphy 1New York lnstitute of Finance.... | |
 | Luc Bauwens, Winfried Pohlmeier, David Veredas - Business & Economics - 2007 - 312 pages
...Technical analysis is the oldest method for analyzing market behavior. It is defined by Murphy (1999) as the study of market action, primarily through the...price trends. The term •market action' includes three main sources of information available to the technician: price, volume and open interest. Bechu... | |
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Technical analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends. The term "market action" includes the three principal sources of information available to the technician — price,... 