Investing for Organizational Sustainability

chalk, with the updates regarding some of these data being transmitted to environments
outside of exchanges (such as brokerage houses, bucket shops, etc.) via the
aforementioned tape, telegraph, telephone and later telex.
This analysis tool was used both, on the spot, mainly by market professionals for day
trading and scalping, as well as by general public through the printed versions in
newspapers showing the data of the negotiations of the previous day, for swing and
position trades.
Despite to continue appearing in print in newspapers, as well as computerized versions
in some websites, analysis via quotation board is another form of technical analysis that
has fallen into disuse by the majority.
Concepts
Charting Terms and Indicators
Average True Range – averaged daily trading range, adjusted for price gaps.
Breakout – the concept whereby prices forcefully penetrate an area of prior
support or resistance, usually, but not always, accompanied by an increase in
volume.
Chart Pattern – distinctive pattern created by the movement of security or
commodity prices on a chart
Cycles – time targets for potential change in price action (price only moves up,
down, or sideways)
Page 165 of 214