Price Patterns - Repeating Cycles are Money Makers

The twenty-year price chart for Amerada Hess (AHC), a global energy company, shows seventeen consecutive price cycles from 1990 through 2003. Each cycle gave investors the opportunity to buy and sell the stock for a profit. Use the Price Direction Indicator (PDI) to decide when prices have moved to the upside or downside.

Posted January 26, 2006.

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