The image below is the chart of Brooks Automation Inc stock ( Nasdaq Ticker Symbol: BRKS ).
It is a multi-days chart showing Composite Time Price Opportunity (TPO) Profile on the left side and Composite Volume Profile on the right side.
This is an unique charting technique and requires some explanation on how to read the chart.
This chart shows more information than the conventional graphical chart. Reading this chart will stimulate your whole brain. The left hemisphere of your brain which is responsible for logical, rational and analytical functions will be engaged by the numerical data portion of the chart. The right hemisphere of your brain which is responsible for the intuitive and subjective functions will be engaged by the graphical portion of the chart.
This gives you an advantage of engaging your whole mind when it comes to trading instead of using just a section of it.
Showing Time Price Opportunity (TPO) Profile side-by-side to Volume Profile gives you a quick synopsis of
Brooks Automation Inc is a provider of automation, vacuum, and instrumentation solutions to the semiconductor industry. Their product lines can be separated into three groups: Instrumentation, Vacuum Components, and Robotic Components.
In the Instrumentation market, they are in the business of Vacuum Measurement and Gas Analysis Instrumentation. In the Vacuum Components market, they make Cryopumps, Vacuum Pumps, Device Coolers and Thermal Management units. In the Robotic Components market, they make Vacuum Robotics and Atmospheric Robotics.
Brooks Automation Inc's current technological initiative is to expand into the LED market. Research and development funding has increase for their LED business unit as the company tries to build out its core competencies for that market.
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