“Stock charts are graphical records of these transactions, which inherently reflect all other factors. Therefore, from a purely technical perspective, there is no need for further consideration of these fundamental factors.”

Excerpt from

The Bible of Technical Analysis: From Turning Points, Support and Resistance, Gaps to Trendline Principles

Richard W. Schabacker

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Notes:

Friday, 20 September 2024 00:59:34 +0800

The market is efficient, so candlestick charts already contain all the information.

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