For GT blog April 04, 2008
The Measured Move
Measured moves in stocks are found within trends and are price projections for continuation patterns. A measured move is the distance from a reaction extreme to the next price target. The premise of a measured move is that prices will move in equal increments. This basis for setting price targets in technical analysis is used with chart patterns such as flag patterns and pennant patterns.
The measured move often helps to gauge what levels price may reach when trading continuation patterns. Measured moves are beneficial when anticipating profit objectives and price levels where to exit a trade.
Our first upside target on Bombardier is $8
The Measured Move
Measured moves in stocks are found within trends and are price projections for continuation patterns. A measured move is the distance from a reaction extreme to the next price target. The premise of a measured move is that prices will move in equal increments. This basis for setting price targets in technical analysis is used with chart patterns such as flag patterns and pennant patterns.
The measured move often helps to gauge what levels price may reach when trading continuation patterns. Measured moves are beneficial when anticipating profit objectives and price levels where to exit a trade.
Our first upside target on Bombardier is $8
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