InvestorsHub Logo
icon url

Lawson Digest

01/03/13 1:20 PM

#380255 RE: jhdf51 #380254

In technical analysis, "Painting a W" indicates a strong tendency for derived trends to display disproportionate indications of underlying patterned activity. It was first discovered by Japanese trader Ese Napaj in 1960 in his famous technical analysis book, "Stock Trend Redundancies in Stock Trends." It's still one of the best selling books today on market analysis.