Chart Reading the Wyckoff Way | Bruce Fraser (03.03)
Power Charting with Bruce Fraser • 26m
Microsoft Corp. was profiled in a Wyckoff Power Charting blog in 2016. At that time a very large Accumulation structure where MSFT had jumped out and was emerging into a fresh new uptrend. In this Power Charting episode MSFT is brought up to date with the conclusion of the significant uptrend and reversal into a downtrend in 2022.
Richard D. Wyckoff described his charting technique as ‘Tape Reading’. In this and future episodes this method of ‘Tape Reading’ will be revealed and explored. With practice mastery of this method can be achieved.
Symbols: $SPX $NYA $COMPQ MSFT
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