Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The S&P 500 is on the verge of breaking a head and shoulder neck line. A head and shoulder pattern is an ...
A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...
Bitcoin’s inverted head and shoulders pattern hints at potential upward breakout, targeting $117,000. Ethereum trades within narrowing consolidation, with key levels set at $4,200 and $4,500. Weaker ...
Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...
Costco's current valuation is unsustainable, with a forward PEG ratio of 6.28x, making it one of the most overvalued blue chips on Wall Street. Technical indicators, including an ugly head and ...
-- Buy the EUR/USD pair and set a take-profit at 1.1827. -- Add a stop-loss at 1.1600. -- Timeline: 1-2 days. Bearish view -- Sell the EUR/USD pair and set a take-profit at 1.1600. -- Add a stop-loss ...
There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. AAPL and Tesla Inc. TSLA breaking down to breadth conditions that have become less bullish by the week. Last ...
After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.
SUI has dropped from $5 to $2.22 after breaking below the neckline of a head and shoulders pattern. The CMF and MACD suggest ...