Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Michael Harris writes the Price Action Lab Blog and is the author of Fooled By Technical Analysis: The Perils Of Charting, Backtesting And Data Mining. He posts on Twitter about, well, price action.
This episode examines wedge pattern breakdowns across major indices following months of consolidation. The analysis explores ...
Chart patterns that helped define a roller coaster year in the markets As we approach the end of 2020, one of the most volatile years in recent history for the global population and world economies, a ...
It takes all kinds to make the stock market go round. From heavy-handed institutional investors to small but increasingly powerful retail traders to closely followed media pundits, there is no ...
What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
The Dow Jones Index has pulled back in the past few days as the recent bull run faded. It pulled back to a low of $46,350, ...
To analysts who make calls on the stock market based on the state of the economy, corporate profit prospects, industry trends and the like, divining the direction of share prices by poring over charts ...
At the most basic level, technical analysis refers to the use of price charts and other bits of market information to make investment decisions. You wouldn’t think that something so innocuous would be ...
Boiler bands. Head and shoulders. Death cross. Cup and handle. These are some of the terms associated with technical analysis. The idea behind this "investing" style is that pricing patterns repeat ...
Technical analysis provides currency traders with an excellent method of finding potentially profitable trades and generating objective trading signals. With technical analysis, forex traders can use ...