Price Objectives

  • October 27, 2000
  • Perry J. Kaufman


The most successful (profit) objectives will be based on straightforward
concepts and not complex calculations. The simplest and most logical price
objective is a major support or resistance level established by previous
trading.

—Perry J. Kaufman, from Trading Systems and Methods, 3rd edition (1998,
John Wiley & Sons, New York).