Enterprise Lesson 5

1
Chart your way to the top!

• Enterprise Lesson 5
• Charting to success
• Aim to understand how to read and interpret
  share price charts

2
For starters

• Use your homework to explain what you think
  happened to the price (day by day) of one of your
  investments over the past week.
• Extension make a graph showing this information.

3
By the end of today, you will be able to

• read a share price chart.
• identify basic trading patterns and explain their
  meaning.
• predict future share prices using charts.

4
Remember your mission

• This week we will learn one way to accomplish
  your mission! To read and interpret price charts.
• What is a chart (or graph)? Give some examples.
• Extension why are charts useful?

To make as much money as possible by investing
imaginary money in celebrity shares.
To make as much money as possible by investing
imaginary money in celebrity shares.
5
What goes up must come down?

• Whats been happening to this celebritys share
  price? What do you think will happen next?
• Extension find a celebrity whos share price has
  followed this pattern (hint look at Top Movers)

price
days
6
What comes down must go up?

• Whats been happening to this celebritys share
  price? What do you think will happen next?
• Extension find a celebrity whos share price has
  followed this pattern (hint look at Top Movers).

price
days
7
Chart patterns have names

• this one is called a resistance level. Why do
  you think it has this name?
• Extension how is this pattern useful? What do
  you think it means?

price
resistance level
days
8
Chart patterns have names

• this one is called a support level. Why do you
  think it has this name?
• Extension how is this pattern useful? What do
  you think it means?

price
support level
days
9
Extension activity/homework

• There are many other chart patterns. For example
• cup with handles
• dead-cat bounce
• hanging man
• in fact, there are hundreds of patterns.
  Research some on the internet and fill out this
  weeks worksheet.
• Extension come up with your own pattern. How can
  it help you trade better?

10
Invest!

• Use your mastery of charts to make this weeks
  investments. Choose as many celebrities as you
  want.

11
Celebwork
Keep track of each of your investments and pick
one or two you wish you hadnt bought. Explain
why.