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| MAY 1995
SIDEBAR: Profit Objectives and Sequential System
Sidebar: Profit Objectives and Sequential System The classic form of chart analysis incorporates a method to project profit objectives after a trendline is penetrated. Along those lines, Tom DeMark developed three methods to identify profit objectives after the penetration of TD demand or supply lines. The methods are known as TD price projectors and the objectives are based on DeMark's observation that the difference between the extreme low price and the TD supply line is duplicated once the market has penetrated the TD supply line.
by Technical Analysis, Inc.
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