Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
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 ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Chart patterns can feel subjective, but some setups appear again and again — and deliver strong results when traded with discipline. In a recent webinar, John Rowland, CMT, shared the five chart ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...