{
  "id": "0812.3027",
  "version": "v2",
  "published": "2008-12-16T10:48:06.000Z",
  "updated": "2009-02-24T10:35:18.000Z",
  "title": "Mathematical model for resistance and optimal strategy",
  "authors": [
    "Blandine Berard Bergery",
    "Christophe Profeta",
    "Etienne Tanré"
  ],
  "categories": [
    "math.PR"
  ],
  "abstract": "We propose a mathematical model for one pattern of charts studied in technical analysis: in a phase of consolidation, the price of a risky asset goes down $\\xi$ times after hitting a resistance level. We construct a mathematical strategy and we calculate the expectation of the wealth for the logaritmic utility function. Via simulations, we compare the strategy with the standard one.",
  "revisions": [
    {
      "version": "v2",
      "updated": "2009-02-24T10:35:18.000Z"
    }
  ],
  "analyses": {
    "subjects": [
      "60G35",
      "91B28",
      "91B70"
    ],
    "keywords": [
      "mathematical model",
      "optimal strategy",
      "logaritmic utility function",
      "resistance level",
      "risky asset"
    ],
    "note": {
      "typesetting": "TeX",
      "pages": 0,
      "language": "en",
      "license": "arXiv",
      "status": "editable",
      "adsabs": "2008arXiv0812.3027B"
    }
  }
}