The image below is the chart of MIPS Technologies stock ( Nasdaq Ticker Symbol: MIPS ).
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
MIPS Technologies is a provider of processor architectures and cores for digital consumer and business applications. They design and license high performance 32- and 64-bit architectures and cores. Their technology is embedded in consumer electronics which includes digital set-top boxes, digital televisions, DVD recordable devices, broadband access devices, digital cameras, laser printers and network routers.
MIPS Technologies is engaged in 3 key markets. They are digital home, networking, and mobile. The fastest growing market for MIP Technologies is the mobile market. MIPS Technologies' two major business initiatives are to expand their services with Google's Android and China's mobile market.
If you like this page and you are feeling generous, please give credit for the source with a link back to this page. Help others find the valuable resource available here.