The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators ...

Descending triangles are consolidation patterns that slope downward, formed by a horizontal support line and a descending trendline connecting the lower highs. ... forming a rectangle pattern.

The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. Rather than modern technical analysis, which relies on indicators ...

A rectangle pattern is formed when the stock price moves up and down but remains between two horizontal lines, called trendlines. Trendlines show buying support on the underside and selling ...

Oracle shares closed at a record high on Monday after CEO Safra Catz disclosed bullish new developments about the enterprise ...

This level finds a confluence of resistance from the 50-week moving average and a horizontal line that connects the lower and upper ranges of the two rectangle patterns on Intel’s chart.

USD/CAD may test its immediate support at the psychological level of 1.4250. The bearish bias may diminish if the pair rises back to the rectangular pattern.

NZD/USD tests the nine-day EMA at 0.5654, followed by the psychological level of 0.5650. The 14-day RSI is positioned at the 50 level, confirming an ongoing neutral bias.

This level finds a confluence of resistance from the 50-week moving average and a horizontal line that connects the lower and upper ranges of the two rectangle patterns on Intel’s chart.