It takes all kinds to make the stock market go round. From heavy-handed institutional investors to small but increasingly powerful retail traders to closely followed media pundits, there is no ...
Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...
The U-turn the stock market took following Russia’s invasion of Ukraine, which flipped a sharp selloff into a broad rally, has produced multiple bullish reversal patterns that suggest the worst of the ...
Ford’s triple bottom pattern was formed over the weeks beginning May 9, May 16 and May 23. Ford has resistance above at $14.34 and $15.51 and support below at $12. ...
Bitcoin (BTC) price jumped 7.75% from its recent low of $59,815 on Oct. 3 to a monthly high of $64,448 on Oct. 7, demonstrating a bullish start to what may be a volatile week. As illustrated in the ...
The laws of physics tell us that what goes up must come down. But in the world of investing, its often the opposite. Time and time again since the pandemic began, market downturns have amounted to ...
With the Federal Open Market Committee's (FOMC) interest rate cut discounted into the market, but a 50-basis point cut not entirely factored in, the overwhelming positive reaction to the central ...
I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
The chart shows a bullish pattern that has not been seen since March 2003. The chart shows the 100 day low. The chart shows seven consecutive days up. The bullish pattern is seven consecutive up days ...
Consumers could be in better shape as 2023 progresses considering rising real incomes. Higher-end discretionary and staples plays are not in vogue right now. I see bullish catalysts on both valuation ...
An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its ...