One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...
Chart patterns are essential tools in technical analysis that help traders identify potential market movements and make ...
Stock chart patterns can be a vital tool for investors. They provide an exceptionally detailed level of a stock’s trend lines. This can give a major leg up against the competition. This is why they ...
The “high tight flag” pattern is the rarest and most powerful chart pattern in the stock market. Coined by legendary growth investor William O’Neil, the high-tight flag occurs when a stock doubles or ...
Gold continues to hold above Wednesday’s support at 1,969 but has not provided additional signs that it can go further. The next indication of strengthening would be on a daily close above Wednesday’s ...
Roblox broke up from a bull flag on Wednesday, with a measured move of about 23%. If the stock starts consolidating with an inside bar, it will lean bullish for continuation. Get stock picks, daily ...
Apple, Inc (NASDAQ:AAPL) and Amazon.com, Inc (NASDAQ:AMZN) opened slightly lower in the premarket on Thursday, in sympathy with the SPDR S&P 500 (NYSE:SPY), which opened down about 0.5%. The two tech ...
XRP (XRP) stalls after an amazing six-week rally as profit-booking slows down the altcoin’s rally toward $3.00. The XRP/USD pair is down 2% to its intraday low of $2.3 on Dec. 16 in a corrective trend ...
The cryptocurrency market is witnessing a stirring technical setup for XRP, the flagship token of Ripple Labs, that could ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. The S&P 500 plunged on Friday and has lost ground in five of the past six weeks amid ...