Richard Schabacker – Technical Analysis and Stock Market Profits

Richard Schabacker – Technical Analysis and Stock Market Profits

Richard W. Schabacker’s great work, Technical Analysis and Stock Market Profits, is a worthy addition to any technical analyst’s personal library or any market library. His “pioneering research” represents one of the finest works ever produced on technical analysis, and this book remains an example of the highest order of analytical quality and incisive trading wisdom.

Originally devised as a practical course for investors, it is as alive, vital and instructional today as the day it was written. It paved the way for Robert Edwards and John Magee’s best-selling Technical Analysis of Stock Trends – a debt which is acknowledged in their foreword: ‘Part One is based in large part on the pioneer researches and writings of the late Richard Schabacker.’

Schabacker presents technical analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail. He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts: Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.

Contents
Editor’s Introduction
Preface to First Edition

Study I: Technical Approach to Stock Trading
Study II: Important Reversal Formations
Study III: Important Reversal Formations (continued)
Study IV: Important Reversal Formations (continued)
Study V: Minor Reversal Formations
Study VI: Major Continuation Patterns
Study VII: Trend Line Action
Study VIII: Support and Resistance Levels
Study X: Measuring Rules and Formations
Study XI: Use of Long-Term Charts, Averages and Groups
Study XII: Trading Tactics