Chart Patterns: After the Buy

Chart Patterns: After the Buy shows the reader what happens after you buy a stock showing a chart pattern. Most chapters follow the same layout, first illustrating how a chart pattern behaves, with the most important performance statistics indicated right on the charts themselves. Identification Guidelines follow, so even people new to chart patterns will know what to look for. And, with 370 charts and illustrations, the reader will have a multitude of examples to learn from.

Each chapter will detail:

• Buy and sell setups
• Best stop locations, which tell how often a stop in a chart pattern will trigger
• How a setup is likely to behave in the future
• How to set price targets
• How often a trader can expect price to reach those targets for both up and down breakouts
• Examples of how to use this information in an actual trade.

Traders will find the Setup Synopsis charts at the end of each chapter invaluable, as these charts combine the ideal setups in one location, making it easy to match their trade with what could happen after they buy. The book covers the most common and popular chart patterns, but also other patterns as well, including bad earnings surprises, price mirrors, price mountains, and straight-line runs. Whether the reader is new to chart patterns or is an established professional, this book has the information they need to better select trades that work.