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With the profusion of stock charts replete with volume bars and moving averages, one could easily mistake the strategy as based on technical analysis, but it is more quantitative, placing heavy emphasis not just on chart patterns but also requiring investment candidates to show strong fundamentals.
While he does not like to rely on technical analysis alone, Mr. Abramson added, "I use technicals to help confirm the fundamentals".
His recommendation of LMT is based on technical analysis.
CLEARSTATION www.clearstation.com An online community of amateur stockpickers with a heavy emphasis on technical analysis buffs.
Appel's recommendation of Northeast Investors is based largely on technical analysis of total return history.
Focusing solely on technical analysis, and not on the fundamentals of the firm, the Market Club model evaluates stocks on five criteria to reach its composite number.
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The design of this model is based solely on principles of technical analysis, and thus making it a proper system for evaluating the efficacy of the aforementioned technical trading patterns.
Concerning the influence of technical analysis on fundamental analysis, Almujamed et al. (2013, pp. 57 58) studied data for Kuwait.
The law denies inside information only to the layman, who is expected to invest on the basis of technical analysis (the voodooistic interpretation of past trading patterns), Keynesian economic astrology, quarterly earnings reports known to the world and other trading trivia.
His love for technical analysis rubbed off on me and I sort of became his disciple.
He favors a straightforward approach to day-trading exploiting the momentum of market moves anday-trading exploiting–rather than lecturing readers on hardcore technical analysis.
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