Technical analysis offers powerful, objective tools for picking stocks and making money–and in today’s market environment, that makes it more indispensable than ever. Unfortunately, most technical analysis books confuse investors instead of enlightening them. In this clear, practical, fully updated book, Barron’s Online technical analysis columnist Michael N. Kahn introduces proven technical analysis techniques in simple language that any investor can understand and use.

Kahn explains how technical analysis works and then teaches you how to read charts and translate them into investment decisions. You’ll learn how to use technical analysis to complement your current approach to stock selection, discover what makes a stock look promising, and objectively assess both risk and reward.

• Why technical analysis works

Bringing real objectivity to investment decision-making

• Chart patterns: See the forest and the trees

Recognizing markets that are changing, need a rest, or are about to take off

• Understand the central importance of price…

And what you must know about volume, time, and investor sentiment

• Down the road: a taste of advanced technical analysis

Candlesticks, cycles, Elliott waves, and how to debunk those guys on TV