Chart Reading the Wyckoff Way Part 1 | Bruce Fraser (02.10)
Wyckoff Method has unique attributes for the evaluation of the present position and likely future direction of stock and index prices using price charts. The case study method was a classic teaching device in the Technical Analysis program at Golden Gate University. Professors Roman Bogomazov and Bruce Fraser recreate this teaching style to conduct a historical case study on three years of data of Tesla Inc. This is a chart reading workshop that illustrates how the Wyckoff Method would view stock market action for possible trading campaigns. The Wyckoff Method objective is to employ price charts to study and determine best entry and exit strategies and to conduct more effective trading campaigns.
In Part 2 (next week) the case study is extended as the trend of TSLA unfolds. Point and Figure studies are included to estimate price objectives.
Symbols List: TSLA $SPX $DJUSAU
Historical Tesla Wyckoff Power Charting Blogs
Connect with Bruce -