As the picture to this article shows, I'm “rolling the dice” here. Well, sort of. I recently charted the S&P 500 (SP500)…all 500 stocks, one at a time…with a focus on weekly price patterns. My goal ...
If understood and applied correctly, technical analysis will lead to profits. 'Ascending' and 'Descending Triangles' tend to be reliable patterns From tariffs to inflation, macro risks are rising—Matt ...
Discover how to trade breakouts with confidence. Learn to identify key patterns, minimize risks, and capitalize on trends for successful trading outcomes.
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 ...
Microsoft's stock is currently challenging its 52-week high, which is also its all-time high price. I think it's very likely for it to successfully overtake these previous highs due to the strong ...
Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and technical ...
With the Federal Open Market Committee's (FOMC) interest rate cut discounted into the market, but a 50-basis point cut not entirely factored in, the overwhelming positive reaction to the central ...
Shares of NRG Energy, Inc. (NYSE:NRG) came back a little on Wednesday, but they are still in a downtrend. We have made NRG our Stock of the Day. On the chart, a classic double-top pattern has formed, ...
Semiconductor stocks have had a pretty rough week. And the way the charts are set up, the sector that was at the center of the AI-led boom in top technology stocks could very well end up having a ...
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 ...