Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
A downtrend has been apparent in Gold Fields (GFI) lately. While the stock has lost 14.4% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading ...
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 ...
From downtrend reversals to uptrend continuation, this guide shows how to analyze trends, confirm breakouts, and improve ...
The stock market operates in cycles, shifting between periods of upward, downward and sideways trends. For investors, recognizing when these trends change is important to assess the sale or hold of ...
Crude oil surged to a multi-year high above key resistance, reclaiming the 200-week average and triggering bullish patterns, ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
We saw profit-taking and volatility towards the end of last week. The S&P 500 Index (SPX – 5,870.62) retraced 61.8% -- a Fibonacci retracement level -- of its 4.1% move from the election night close ...
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, ...