Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
Chart patterns can feel subjective, but some setups appear again and again — and deliver strong results when traded with discipline. In a recent webinar, John Rowland, CMT, shared the five chart ...
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
Sign up for CoinDesk’s Learn Crypto Investing Course. Some dismiss technical analysis as pseudo-science while others have built empires on the techniques, profiting ...
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 ...
The tumble in Tesla Inc.’s stock on Thursday has confirmed a bearish short-term “double-top” pattern, just like the one seven months ago that preceded the plunge at the end of 2022. A “double top” ...
Shares of KORE Group Holdings, Inc. (KORE) have been struggling lately and have lost 14.4% over the past two weeks. However, a hammer chart pattern was formed in its last trading session, which could ...