Head and Shoulders: Testing the Profitability of this Chart Pattern of Technical Analysis in the Brazilian Stock Market
Starting from an adapted version of Osler and Chang (1995) methodology, this article empirically evaluates the profitability of investment strategies based on identification of the Head and Shoulders chart pattern in the Brazilian stock market. For that purpose, several investment strategies conditi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Brazilian Society of Finance
2009-06-01
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Series: | Revista Brasileira de Finanças |
Subjects: | |
Online Access: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1330 |