Typically seen after a big move in one direction in a particular financial instrument, flags and pennants represent brief consolidations or pauses in the market before a resumption of the trend in ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
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 ...
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 ...
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 ...
Tech titan Amazon.com Inc (NASDAQ: AMZN) closed just under $230 on Tuesday evening, extending an 8% gain since the first week of August. The broader uptrend since April remains firmly intact, with ...
Crowdstrike Holdings (NASDAQ:CRWD) is a cybersecurity company that provides endpoint security, threat intelligence, and cyberattack response services to its customers. The price chart above shows a ...
A bull flag pattern is a bullish trend of a stock that resembles a flag on a flag pole. The stock history shows a sharp rise which is the flag pole followed by an up and down trading pattern. Learning ...