Dru Intermediate Chapter 3 TRANSLATED...

8/6/2019 Dru Intermediate Chapter 3 TRANSLATED...

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Intelligent Investing

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As the names imply, when each successive peak and trough ishigher, it's ref erred to as an upward trend

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If the peaks and troughs are getting lower, it's a downtrend

When there is little movement up or down in the peaks and troughs,it's a sideways or horizontal trend.

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When volume tells a diff erent story, it is a case of divergence,

which ref ers to a contradiction between two diff erent indicators.

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If a price scale is in logarithmic terms, then the distance betweenpoints will be equal in terms of percent change

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There are f our main types of charts that are used by investors and

traders depending on the inf ormation that they are seeking and their individual skill levels

� Line Chart� Bar Chart� Candlestick Chart

� Point and Figure Chart




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Dru Intermediate Chapter 3 TRANSLATED...

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