In contrast, technical analysts
focus on charts reflecting companies' stock price movements and trading volume, and make investment decisions based on patterns they see in them.
The market is now wavering between what technical analysts
call support and resistance levels -- natural points at which traders will buy cheap shares, driving shares prices up again (support), or sell, bringing them down (resistance).
will be obliged to have at least one qualified technical analyst
in the dealing room mainly for analysis and trading purposes.
Ruth Bell: technical analyst
for SFM Wealth Management
Waked has held various posts at a number of prominent investment banks in Egypt and also has worked for Egypt's SIGMA Capital as Chief Technical Analyst
Another technical analyst
said the market may see support at around 7,400, but agreed that South African stocks have entered a long-term consolidation phase.
For technical analysts
and traders, the book is a wake-up call to abandon subjective, interpretive methods and embrace an approach that is scientifically and statistically valid.
Richard McCabe, technical analyst
at Merrill Lynch, points out that when the Dow crossed 7,000, 8,000 and 9,000, it pushed a little higher after each milestone and then quickly retreated between 9 percent and 18 percent.
Dickson, a technical analyst
at Scott & Stringfellow in Richmond, Va.
Pornphun Rungpaibulkul joins QSG as a Technical Analyst
I wouldn't expect this stock to trade at a very rich premium to the offering price,'' said Barry Hyman, senior technical analyst
for Ehrenkrantz King Nussbaum Inc.
NEW YORK -- Dow Jones & Company today announced that beginning this week, noted market analyst Mark Hulbert will write a new monthly column for Barron's Online, while popular technical analyst
Michael Kahn will become a regular contributor to MarketWatch.
Prices have outrun their sensible structure,'' said Justin Mamis, a technical analyst
who has followed the market since the 1950s.
The tech stocks were weak in last several sessions and that did not translate into much weakness elsewhere, and that was encouraging to traders,'' said Ricky Harrington, a technical analyst
at Interstate/Johnson Lane in Charlotte, N.
Mendelson, a nationally known technical analyst
, as senior vice president to head a group focused on market analysis.