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 ...
Goverdhan Gajjala is a pattern day trader who takes quick positions on breakouts. He mainly trades small-cap stocks with low floats and high violability. One pattern he plays is what he calls a ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
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 ...
How to Trade Index ETFs: How & When to Choose the Right Fund Silver recovers from $64.06, sitting just above the $59.34 breakout level that launched the historic rally to $121.67. Key support at ...
Recognizing the emergence of a Head & Shoulders pattern in a price chart can assist investors in their trading decisions. This is a type of Technical Analysis. Investors may use a Head & Shoulders ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...