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• Guidelines For Price Objectives by E.M.S. Flynn and Thom Hartle

  ARTICLE SYNOPSIS ...Guidelines For Price Objectives by F.M.S. Flynn and Thom Hartle Trends come and trends go. That much, at least, is a given. An important question arises about those trends, however: How far will a move go, and can we project how far it will? Price moves can be predicted (more or less accurately) using any of a slew of methods, but accuracy will be likely to increase when more than one method agree on a given price level. (This is, of course, the ""safety in numbers"" theory and is certainly not unique to technical analysis.) But then, confirmation is important, particularly for a novice trade...

AUTHOR: E.M.S. Flynn and Thom HartleDATE: NOV 1991