The image below is the chart of Nanometrics stock ( Nasdaq Ticker Symbol: NANO ).
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
Nanometrics is a supplier of metrology systems that are used primarily in the manufacturing of semiconductors, solar photovoltaics, high-brightness LEDs, and wafer packaging. Nanometrics standalone and integrated metrology systems measure various thin film properties, critical dimensions, overlay control and optical, electrical and material properties, including the structural composition of silicon, compound semiconductor and PV devices, during various steps of the manufacturing process. These systems enable device manufacturers to improve yields, increase productivity and lower their manufacturing costs.
Nanometrics has won a nice contract to provide early tsunami warning system to the government of Peru. The system will provide Peru with the ability to detect the approach of a tsunami caused by seismic activity in the Pacific Ocean.
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