Terms Flashcards
Fundamental studies
The cause of market movement
Intrinsic value
What something is worth based off supply and demand
Acquisition
When one company purchases most of all of another companies shares to gain control.
Alpha
Measure of performance of an investment to benchmark index. ( alpha of 1% is 1% better than benchmark)
Signs of strong support or resistance
Amount of time at price
Volume high
How recent
Trendline confirmation touches
3
How far do prices travel after a channel breakout
Usually a distance equal to the width of channel
What are the main retracement parameters
33%
50%
66%
Top reversal day
New high in a uptrend goalless by a lower close
Bottom reversal day
New low during the day followed by a higher close
What do height and width measure
Height- volatility
Width- time
Types of triangles
Symmetrical
Ascending
Descending
Continuation pattern
What are the most common types
When price signals a pause or consolidation in the trend.
Triangles
Flags
Pennants
How many reversal points on a triangle.
What type of pattern?
4
Continuation
What does the Ascending triangle indicate
Buyers are more aggressive than sellers
Flags and Pennants are the most_____.
When they form they do what?
Most reliable
When they form they briefly go against the trend
Wedges have a slant going ______ the trend
A falling wedges is
Against
Is considered bullish
About when do flag and pennants occur
About halfway point of a trend or move
