Symmetrical triangle patterns show that the market is neutral on the stock. If you are looking at a stock chart and see a rectangular shape, you may be looking at a flag pattern. If you see a ...
In financial markets, Head & Shoulders is a pattern that can appear in the price chart for a stock or other asset. The pattern resembles the outline of a human being, with a shoulder on either ...
The rationale behind the idea of a floor can be explained as follows: market participants ... The other chart pattern speaks to momentum. It is generally understood that a stock trading above ...