A technical analysis of the housing market in Poland
Journal Title: Debiuty Naukowe Studentów Wyższej Szkoły Bankowej - Year 2016, Vol 16, Issue
Abstract
The purpose of this article is to show how some elements of technical analysis and basic macroeconomic data can be used to examine the housing market in Poland. The core idea of the study is based on the Wyckoff Method, commonly used by many investors in the world. The main assumption is that the economic principle of supply and demand works in all markets. Therefore, if there is any imbalance, the market will move to compensate for it. Demonstrating this imbalance on a chart enables us to understand and possibly even predict how the price will change. The cities of Warsaw and Poznan are used as two examples analysed and presented in this paper.
Authors and Affiliations
Radosław Marciniak
Keywords
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