Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Previous close refers to a security's last traded price at market close from the prior day. Learn its implications for trading strategies and analysis of price movements.
The world of technical trading can often feel overwhelming, a blur of lines, candles, and indicators. You might recognize a Head and Shoulders pattern when you see it, but do you have a disciplined ...
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 ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
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 ...