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Understanding Chart Patterns
Dan's 10 Golden Rules
Charting Programs
Recommended Reading
Useful Stock Resources
Glossary
11 Most Common Stock Chart Patterns
1.
Cup & Handle
2.
Flat Base
3.
Ascending Triangle
4.
Parabolic Curve
5.
Wedge Formation
6.
Channel Formation
7.
Symmetrical Triangle
8.
Descending Triangle
9.
Flags & Pennants
10.
Head & Shoulders
11.
Inverted Head & Shoulders


Understanding Chart Patterns


Identifying chart patterns is simply a system for predicting stock market trends and turns! Hundreds of years of price charts have shown that prices tend to move in trends. (I'm sure we've all heard the saying, 'the trend is your friend'.) Well, a trend is merely an indicator of an imbalance in the supply and demand. These changes can usually be seen by market action through changes in price. These price changes often form meaningful chart patterns that can act as signals in trying to determine possible future trend developments. Research has proven that some patterns have high forecasting probabilities. These patterns include: The Cup & Handle, Flat Base, Ascending and Descending Triangles, Parabolic Curves, Symmetrical Triangles, Wedges, Flags and Pennants, Channels and the Head and Shoulders Patterns. In my opinion, these are some of the best patterns to trade.

This section is designed to introduce you to some of these chart patterns, as well as teach you to identify repetitions in the market qualities, to make timely and more accurate decisions when predicting market trends.

 


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CHARTPATTERN.COM™ - Technical stock analyst and World Record Holder Dan Zanger™ shares profitable strategies for trading the stock market in the The Zanger Report™. The Zanger Report™ is a nightly newsletter that features breakouts, swing trading, breakout trading, technical stock chart analysis, stock tips, market research, hot stocks, and commented charts with highlighted chartpatterns. Dan Zanger™ shares additional real time strategy plays daily in his large chatrooms and archived daily comments.