Charts

A variety of drawing options are available from the Draw drop-down menu on any Chart toolbar. View Graphic

Click your selection, and the Draw dialog box will appear. View Graphic

In the following examples of each of the drawing options available, we are using Sunoco (SUN).

Trendline - A line on the price or value chart of a security depicting the general direction in which the security is headed. This chart shows an example of an upward trendline. View Graphic

• Regular
• Fit to Price
• Horizontal

Gann Angles - Created by W.D. Gann, a method of predicting price movements through the relation of geometric angles in charts depicting time and price. The ideal balance between time and price exists when prices move identically to time, which occurs when the Gann angle is at 45 degrees. In total, there are nine different Gann angles that are important for identifying trend lines and market actions. When one of these trend lines is broken, the following angle will provide support or resistance. Like many technical tools, Gann angles are best used in conjunction with other tools to predict price movements and profit. View Graphic

Fibonacci Arc - A charting technique consisting of three curved lines that are drawn for the purpose of anticipating key support and resistance levels and areas of ranging. View Graphic

Fibonacci Retracements - A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. View Graphic

Fibonacci Time Zones - An indicator used by technical traders to identify periods in which the price of an asset will experience a significant amount of movement. This charting technique consists of a series of vertical lines that correspond to the sequence of numbers known as Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, etc.). Once a trader chooses a starting position (most commonly following a major move) on the chart, a vertical line is placed on every subsequent day that corresponds to the position in the Fibonacci number sequence. View Graphic

Shapes

View Graphic

2. Ellipse View Graphic

3. Line View Graphic

4. Free Hand View Graphic

Specific securities represented in this manual are for illustration purposes only. Any information concerning a particular security should not be considered a recommendation or a solicitation of that security. Illustrations may not represent current market values.