Eustace Storey

Eustace Storey was a stockbroker, born around the beginning of the twentieth century, and must be considered the doyen of technical analysis in the United Kingdom, having constructed his first chart in 1928. He wrote a book on his price plus volume method, which was based on the idea that the volume of shares was less important than the number of bargains done. He also concluded that historic highs and lows for both market indices and individual shares were characterized by similar price and volume action.
Eustace was totally committed to charting in various forms and wrote many articles in the Investor’s Chronicle and other publications. He was a market man who established a strong track record over many years.