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Elliott wave theoryTechnical market timing strategy that predicts price movements on the basis of historical price wave patterns and their underlying psychological motives. Robert Prechter is a famous Elliott Wave theor [..]
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Elliott wave theoryA theory, which holds that markets follow repetitive patterns or cycles, with each one made up of a five-wave movement in the direction of the main up or down trend followed by a three-wave corrective move. No matter how long each cycle takes to form, from years to hours, the eight wave pattern will be constant. Developed by Ralph Nelson Elliott.
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Elliott wave theoryDefinition A technical analysis technique published by Ralph Elliott, which claims that stock markets follow a pattern of five waves up and three waves down (or sometimes, five up and three down in a [..]
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Elliott wave theoryAccording to Elliott wave theory, market movements conform to patterns – a series of waves reflecting the fact that people tend to think and behave in a herd-like way.
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Elliott wave theoryTechnical market timing strategy that predicts price movements on the basis of historical price wave patterns and their underlying psychological motives. Robert Prechter is a famous Elliott Wave theor [..]
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