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 ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
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 ...
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 ...
The financial markets can often feel like a massive, churning ocean, unpredictable and driven by forces beyond your control. You may be proficient in fundamental analysis, knowing what a great company ...
The price trend for Roku (ROKU) has been bearish lately and the stock has lost 6.3% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the ...
There's a little known joke among the trading community that goes like this: "A trader walks into a bar... pattern: 'Ouch!' " Fact is, if you don't know what you're doing, price bar analysis can be a ...
The cult of technical analysis and day trading seems to grow and grow. The Web is crawling with technical analysis (TA). Tax changes have created a boom in spread betting, and hundreds of courses have ...