Swing trading is a popular trading style that aims to capture short- to medium-term gains in a stock or any financial instrument over a few days to several weeks. One of the key components of ...
The Encyclopedia of Chart Patterns, by Thomas Bulkowski, is a must-have book for any technical analyst. It doesn't matter if you're a stock trader, an options trader, a forex trader or a commodity ...
The head and shoulders chart pattern is a powerful tool in technical analysis, widely recognised for its ability to signal potential trend reversals in financial markets. Traders should apply the ...
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 ...
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 ...
Shares of Hyliion Holdings Corp. (HYLN) have been struggling lately and have lost 11.3% over the past four weeks. However, a hammer chart pattern was formed in its last trading session, which could ...
The price trend for Enovix Corporation (ENVX) has been bearish lately and the stock has lost 6.5% over the past week. However, the formation of a hammer chart pattern in its last trading session ...