Tape Reading and Market Tactics
Technical Analysis Hasn’t Changed in 90+ Years
The book Tape Reading and Market Tactics by Humphrey B. Neill is a classic text on technical analysis and trading tactics.
Originally published in 1930, it provides insights that are still relevant today for any trader looking to understand market dynamics and identify trading opportunities.
The chart of American Can is from 1930, notice the volume and corresponding price action, day by day.
The screenshot that follows is highlighted text from the book. The technical concepts described are still applicable today.