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Some Recent Research Shows Technical Analysis May Have Some Value

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Some recent research shows technical analysis may have some value.For example,Brown and Jennings (1989) show investors can learn something about other investors by observing prices at which securities trade - i.e.,prices reveal information and convey it.What other kinds of today's models open up the possibility of profitable trading strategies using technical analysis?


Definitions:

Offeree

The party to whom an offer is made in a transaction or agreement.

Offeror

The party in a contract negotiation who makes a proposal or offer to another party for entering into an agreement.

Offeree

The person to whom an offer is made, typically in the context of contracts, where the offeree can accept, reject, or counteroffer.

Present Intent

The current intention to perform an act or claim a legal right.

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