Charles H Dow gave the concept behind the movement of the stock. He identify demand and supply. Dow theory is good for deriving trend but not for top and bottom. By following dow theory anyone can determine that the stock is in uptrend or downtrend.
Charles H Dow gave the concept behind the movement of the stock. He identify demand and supply. Dow theory is good for deriving trend but not for top and bottom. By following dow theory anyone can determine that the stock is in uptrend or downtrend.