1

1
1.

2.
3.




(Continuation Pattern)


(Reversal Pattern)

(Trend)




(Reversal Pattern)

(Continuous Pattern)

VS

Good Company + Good Stock

/
/ ???

(Technical Analysis)

(Buy Signal)

(Sell Signal)

...

8
 1

> <
> <

:







:

10
 2

11

()

()
( )

12
 :
(D
(Dow Th
Theory))

Charles Dow
Wall Street Journal
the Dow Jones
Industrial Average

13

14


(Uptrend Bullish)
(Top) (Bottom)

(Downtrend Bearish)
(Top) (Bottom)

15

3
1. (Primary Trend)
1 (200 )
4
2. (Intermediate Trend)


3

(25 200 )

16
 ()
3. (Minor Trend)
3



(Tide)

(Waves)
(Ripples)

17

vs
(Bull Market) :
((Accumulation Phase))
(Collection Phase)

(Boom Phase)
(Bear Market) :
(Distribution Phase)

(Panic Phase)
(Consolidation Phase)

18
 (Trend)


(Trend)


(Secondary Trend) 1

(Minor Trend)
1

(Primary Trend) 1


19

1. Market Timing
2.


3
3.

20
 (Trend)

21

... ...

22
 ??

: (Technical Analysis)

23

(Price)

(Volume)

: (Technical Analysis)

24
 (Uptrend Line)

1 3 3 (Uptrend Line)


5
Uptrend
Uptrend Line 7

25

(Downtrend Line)

1 3 3 (Downtrend
(D t d Line)
Li )
Uptrend Line

5


Downtrend Line
Downtrend Line

Downtrend Line



7
26
 (Sideways)

Sideways

Trend Line Sideways

27

Uptrend & Downtrend

28
 Sideways

29

Uptrend Line

21 September 1992 15 December 1992

30
 Downtrend Line

27 April 1993 7 May 1993

31

Sideways
21 July 1993

32


()
() ...

() ()

33

()

:
(
)
:
()

34

(Slope)

Trend

(Retracement)

35

36

(Reversal Pattern)

37

(Reversal Pattern)

Uptrend Downtrend

Downtrend Uptrend

38
 Reversal Pattern

1 (Head & Shoulders)

Head & Shoulders : Uptrend Downtrend

39

Reversal Pattern

Reversed Head & Shoulders

Head & Shoulders : Downtrend Uptrend

40
 Reversal Pattern

Reversed Head & Shoulders

41

Reversal Pattern

2 Triple Tops Triple Bottoms

( 3 )

Triple Tops Triple Bottoms

42
 Reversal Pattern

Triple Bottoms

43

Reversal Pattern

3 Double Tops Double Bottoms

2
Reversal Pattern

Double Tops Double Bottoms

44
 Reversal Pattern

Double Tops

45

Reversal Pattern

Double Bottoms

46
 Reversal Pattern

4 Saucer
Reversal Pattern

Saucer Saucer

47

Reversal Pattern

Saucer

A B

48
 Reversal Pattern

5 V Shape

V - Shape
p
,

A B

49

Reversal Pattern

V Shape

50

(Continuous Pattern)

51

(Continuous Pattern)



...

1. Triangles
g 4. Wedge
g
2. Broadening Formation 5. Rectangle
3. Flags and Pennants 6. Inverted Head & Shoulders

52
 Continuous Pattern

1 Triangles

Symmetric Triangle
Ascending Triangle
Descending Triangle

53

Continuous Pattern

Symmetric Triangles

54
 Continuous Pattern

Symmetric Triangles

55

Continuous Pattern

Ascending Triangles

Triple Tops
...



3 2 2 1

56
 Continuous Pattern

Ascending Triangles

57

Continuous Pattern

Descending Triangles

Triple Bottom
...
...


3
2 2

1

58
 Continuous Pattern

Descending Triangles

59

Continuous Pattern

2 Broadening Formation

Broadening Triangle Diamond

60
 Continuous Pattern

3 Flags and Pennants

Flag Pennant

61

Continuous Pattern

Flags

62
 Continuous Pattern

4 Wedge
Pennant

A B

63

Continuous Pattern

Wedge

64
 Continuous Pattern

5 Rectangle
Triple Tops
Triples Bottoms

A B

65

Continuous Pattern

6 Inverted Head & Shoulders

Head and Shoulders Neck Line

A B

66
 Continuous Pattern

Inverted Head & Shoulders

67

68