For Frank Cappellelli, technical analysis (reading charts to identify patterns in stocks and other assets) is neither art nor science. “It’s both.” That’s because “you can look at indicators and use them differently than other people,” Cappellelli, founder and president of CappThesis, told CNBC senior market correspondent Dominic Chu in this special Pro Talks discussion available to all readers listed above. (Pro subscribers can watch the entire interview, including Cappellelli’s outlook for the stock market, here.) With 25 years of experience trading stocks and analyzing chart patterns, this technician shares how he got started in his career in technical analysis and the lessons he’s learned from it; the tools he uses to identify breakouts, both up and down; how to identify signals and filter noise from charts; and his approach to risk management by looking at chart patterns.
Frank Cappelleri discusses how to use charts to navigate the markets
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