CHART COLLEGE · THE CLASS

What the market says, and what the charts did.

Every trader has heard these. Each lesson takes one of them, finds every instance in the memory since 2019 among liquid names, counts what followed, and shows you two dozen of the charts so you can see it for yourself. The counts are the lesson. Nothing here is a forecast.

Lessons

  1. The big gap up on heavy volume
    "A stock that gaps up 10% or more on huge volume has momentum: buy the open and ride it." · 7,722 instances since 2019
  2. The big gap down on heavy volume
    "A 10% gap down on heavy volume is either a bounce waiting to happen or the start of a slide." · 4,511 instances since 2019
  3. The new 52-week high on volume
    "New highs beget new highs: a stock breaking out to a 52-week high on volume keeps going." · 39,560 instances since 2019
  4. Up 15% in a session
    "A 15% day gives some back tomorrow." · 6,808 instances since 2019
  5. The washout: 20% off the high on the heaviest volume in a year
    "Capitulation volume marks the bottom." · 10,598 instances since 2019
  6. The quiet uptrend above the 200-day
    "A stock in a quiet uptrend above its 200-day average keeps drifting up: the trend is your friend." · 102,727 instances since 2019
  7. The strong close on heavy volume
    "Closing at the high of the day on big volume means the buyers are in control into tomorrow." · 7,759 instances since 2019
  8. The weak close on heavy volume
    "Closing at the low on big volume means the sellers are not done." · 8,084 instances since 2019
  9. The oversold bounce
    "Down 20% in a month and finally bouncing hard: the selling is exhausted, buy the bounce." · 1,984 instances since 2019
  10. The 52-week low on heavy volume
    "Never catch a falling knife." · 5,600 instances since 2019
  11. Up 50% in a month
    "Parabolic moves end badly." · 30,964 instances since 2019
  12. Heavy volume, no move
    "Huge volume with the price going nowhere is distribution: someone is selling into strength." · 20,891 instances since 2019
  13. The whole sector moves
    "When the whole group moves together it is real money, not noise: the move continues." · 65,746 instances since 2019
  14. Buying the dip, 25% below the 200-day
    "It is cheap versus its 200-day average and the selling has gone quiet: mean reversion is coming." · 20,974 instances since 2019

Look up any chart

The class shows patterns in bulk. To study one chart on its own, with the charts that looked like it, use the wall: any ticker, any date.