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In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Here we highlight three stocks that have recently formed bullish chart patterns ...
5. Triple Top. This pattern is perhaps one of the most common, and ominous, in technical analysis as it foreshadows a bearish trend reversal. In other words, a triple top is indicative of a ...
Cantel Medical Corp.'s price chart is an example that appears to have broken out from a bull flag pattern. The top of the flag was clearly defined near the $15 area and CMN was able to close above ...
Several US stocks are forming bearish chart patterns in June. The bearish chart patterns forming are well-known chart patterns used in technical analysis including: Bear Flags Head & Shoulders ...
A widely accepted bearish chart pattern that formed only three weeks ago in the S&P 500 has been invalidated — in no time at all. The S&P 500 went on to rally to a more than 10-month high and on ...
In this article I want to explain how to “decode” any chart pattern so that you will be able to understand price movements in a much better way. In the second part we will take a look at the 4 best ...
Key Takeaways: Ethereum’s native token Ether (ETH) opened its weekly candle at $1,807 on May 7, and now it is close to recording its highest 7-day returns of 38% since December 2020. Ether also ...