The bullish outlook will become invalid if the stock drops below the left shoulder at $58. The next key catalyst for the CAVA ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
Several ways to trade forex using technical analysis exist. A popular strategy involves looking for classic patterns on exchange rate charts. The head and shoulders pattern falls among the more ...
Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
The price trend for BRIACELL THERAP (BCTX) has been bearish lately and the stock has lost 28.2% over the past week. However, the formation of a hammer chart pattern in its last trading session ...
It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
As regular readers will know, I don't think this Dow rally has long to live. In Monday'spost, I made a strong case for a top at the 13,050 level. But yesterday, the Dow overcame all resistance there ...
Recent moves in the S&P 500 index have at least one chart expert seeing a bearish technical pattern. Northman Trader is seeing what most analysts describe as a head-and-shoulders formation in the S&P ...