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POWER TO THE PRIVATE TRADER TOUR


Technical Analysis from A to Z

by Steven B. Achelis

LINE STUDIES

Line Studies

Line studies are technical analysis tools that consist of lines drawn on top of a security's price and/or indicator. These include the support, resistance, and trendline concepts already discussed.

Figure 39 illustrates several line studies. These and numerous additional studies are explained in later chapters.

Figure 39