Classic sell signal points to significant downside. Charles Dow identified the head & shoulders pattern 100 years ago. Valuations at levels beyond almost any fundamental defense. Nvidia’s daily chart ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
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 ...
Since gold's flash crash last Sunday night, the yellow metal has oscillating around its key $1,100 per ounce psychological level. As I've been pointing out, gold's latest plunge caused it to break ...
Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.
In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...
The head-and-shoulders (H&S) top is one of the best-known patterns in technical analysis. This pattern was first written about in 1930 by a financial editor at Forbes magazine that described how the H ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
Monday - Friday, 6:00 - 7:00 PM ET While Jim Cramer believes in the power of fundamentals when evaluating stocks, he also wants to emphasize the importance of technical analysis. Although sometimes ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...