Technical Analysis Using Multiple Time Frame By Brian Shannon.pdf Jun 2026

You’ve identified a stock – let’s call it XYZ – in a clear uptrend on the daily chart (price above 50 SMA, higher highs and higher lows). Now you want to enter on a pullback.

Shannon is best known for popularizing the use of alongside simple moving averages. These are not exotic indicators; rather, they are volume-weighted dynamic support/resistance lines . You’ve identified a stock – let’s call it

Shannon advocates that . The longer the timeframe, the more significant the support and resistance levels. Short-term timeframes (such as 5 or 15 minutes) merely “serve” the larger trend. You’ve identified a stock – let’s call it