How to Use Your Stock Charts and Technical Analysis in Trading

Investing in Stocks For Dummies

As you develop and perfect your stock charting styles, you need to make use of the information you find in the charts to help you focus on what is happening in the market. For example, charts can help you

Determine economic cycle position.
Determine position within sector rotation.
Decide which sectors are ascending.
Determine leading stocks in the ascending sector.
Confirm economic cycle with index charts.
Determine whether leading sectors are range bound or trending.
Determine whether leading stocks are range bound or trending.

About This Article

About the book author:

Lita Epstein, who earned her MBA from Emory University's Goizueta Business School, enjoys helping people develop good financial, investing, and tax planning skills. She designs and teaches online courses and has written more than 20 books, including Bookkeeping For Dummies and Reading Financial Reports For Dummies, both published by Wiley.

Greg Schnell, CMT, MFTA, specializes in intermarket and commodities analysis for StockCharts.com. He contributes market analysis commentary to several blogs that garner between 5,000 and 10,000 readers weekly.

Lita Epstein, MBA, has written more than 40 books, including Trading For Dummies, Bookkeeping For Dummies, and Reading Financial Reports For Dummies.