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 ...
Learn about outside reversal patterns, their significance in technical analysis, and how they indicate potential trend ...
Every Bitcoin bear market has been triggered by a bearish reversal pattern, though not every bearish reversal pattern triggers a Bitcoin bear market. A (potentially) emerging bearish reversal pattern ...
Jets ETF and American Airlines' stock gap lower at the open, hit fresh lows, then rallied above the previous day's highs Airline stocks pulled a sharp intraday U-turn to trade broadly in the green, ...
It was another topsy-turvy week in the stock market as stronger-than-expected early economic reports again made investors fear that the Fed would not be able to cut rates. Traders were apprehensive as ...
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 ...
SUI, the native token of the Layer-1 blockchain Sui, dropped 2.5% to $1.98 on Thursday, slipping below the $2.00 level that had acted as a key psychological and technical support. The move came amid ...
From Tokyo rice markets to Wall Street trading floors, candlestick patterns have stood the test of time. Now, in the high-stakes world of cryptocurrency trading, where government policies can shift ...
A triple bottom is a classic forex reversal pattern that signals a bearish trend is likely ending and a bullish reversal is underway. It consists of three successive lows (troughs) at roughly the same ...
An insignificant day today for the price of natural gas as it peaked above Monday’s high briefly before finding resistance at 2.84. Consider it a rest day before attempting to proceed higher as it ...
GBP/USD ’s climb above the 1.5880 barrier has produced a Bullish Engulfing formation, which awaits confirmation from a successive up-session. If received it may herald a revisit of the former ...
Airline stocks pulled a sharp intraday U-turn to trade broadly in the green, highlighted by the reversal in American Airlines Group Inc.’s stock despite a big profit warning. The bounces were ...