Ichimoku Kinko Hyo

A technical charting technique which generates a series of lines and levels that help an investor determine the movement of an asset. It indicates support and resistance levels, as well as entry and exit points. Although relatively complicated to learn, this technique is used by many investors. This technique was developed in Japan, and its name literally translated means "one glance balanced chart."

Copyright©2010 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com