A technical trend is a more or less hypothetical and symmetrical path which when applied to an individual stock chart, is designed to indicate the limits of the stocka#39;s range as it tends to move either upward or downward over a period of time.
|Title||:||Principles of Technical Analysis and Chart Reading in Trading Stocks|
|Author||:||A. David Coles|
|Publisher||:||Stock Chart Analysis - 1992|