Technical_Analysis_page_325

Technical | Analysis page 325 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

296 Part Ill Trend Analysis 20-day Donchian Channel Created using TradeStation FIGURE 14.11 Donchian Channel on daily closes (CLB daily: February 26, 2010-July 13, 2010) CONCLUSION The basic way the technical analyst makes profits is by identifying a trend in prices and riding that trend. At times,…