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 ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...
Market analyst "CobraVanguard" asserts that Dogecoin may be on the brink of a major rally. Amid macroeconomic headwinds in ...
Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it. A classic ascending triangle pattern has formed on ...
XLM eyes a 35% breakout toward $0.63 as it tests an ascending triangle resistance. A strong historical correlation with XRP suggests that XLM may continue rallying. Stellar (XLM) looks set for a 35% ...
I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
Crypto traders note to “watch out” for Solana price action as a bullish pennant pattern has started to form on the price chart. Traders have pointed out a bullish pattern emerging on Solana’s price ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
At the centre of the story is the monthly MACD histogram, a widely tracked momentum indicator that has been persistently bearish, pointing to a decline in the yield since December 2023. Yet, contrary ...