DOW Theory: Invented by Charles H DOW
Price movement of the Stock is monitored
Buying and selling happens only when there is value in the company
Demand and supply & Price and Volume
Open charts – Daily charts – Minimum 2 years.
Spot major Tops and Bottoms
Top is sellers Market
Bottom is Buyers Market
Higher Bottom – Higher top with volume = Bullish
Lower Top & Lower bottom with volume = Bearish
Follow the TREND
Trade with Knowledge and discipline who make money