A downtrend has been apparent in Goldman Sachs (GS) lately. While the stock has lost 5.9% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...
In technical analysis, classic chart patterns have varying degrees of success in predicting where a stock is headed. Several studies have shown that certain patterns have historically been right 80% ...
The price trend for Adyen N.V. Unsponsored ADR (ADYEY) has been bearish lately and the stock has lost 20.2% over the past ...
The stock market is a constant tug of war between buyers and sellers. When this tension finally breaks, the resulting surge of momentum can lead to some of the most profitable and exciting trades an ...
The silver chart is now potentially facing a situation of breakouts at upward-sloping lines. If the patterns continue, then we could see silver move past $200 over the coming months.
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...