Did you catch what happened in the market last week? Stressed out about the future? Worried about your positions or retirement account? Are you hearing people talk about the ominous weekly candlestick ...
Large cap growth stocks have been outperforming for quite some time, with semiconductors perhaps the most representative of the strength of that trade in recent months. In fact, the semiconductor ETF ...
The rally to new highs, followed by a sharp intraday reversal to close lower, could have some chart watchers believing a top has been hit A "bearish engulfing" pattern popped up in Opendoor's stock ...
Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...
The S&P 500 held the 5264 re-test of the March high. However, the "engulfing" bar from Thursday is a danger sign, last seen at a 52-week high in July 2023. 5257 needs to hold for bulls to stay in ...
Traditional reversal patterns, such as the head-and-shoulders (H&S) or rounded tops/bottoms, can be highly predictive of future price moves, especially new sustained trends. I've traded these types of ...
The sharp selloff in gold-miner stocks on Friday may leave investors asking themselves whether they should use it as an opportunity to buy on the cheap. Here’s why the charts say no. While gold’s ...
Candlestick charts can be used for spotting potential market reversals. Learning how to identify a bearish engulfing pattern, is an important skill for any trader to master. One of the goals of a ...