Technical traders make their living on the recognition of specific stock chart patterns. The more prominent and pronounced the pattern, the easier it is to recognize during formation. Few are as ...
The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Even the biggest stock market winners have to catch their breath at some point. So, one of the most common shapes etched during constructive price pullbacks is the cup-with-handle pattern. But ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
Sometimes a top growth stock will form a solid-looking base, but the breakout will be lackluster. It will make progress for a ...
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 ...
Detecting patterns is useful in various fields. Crime scene investigators can pick up on the tiniest clues or repetition or sameness when tracking perpetrators. Doctors and healthcare providers look ...
Stock chart patterns can be a vital tool for investors. They provide an exceptionally detailed level of a stock’s trend lines. This can give a major leg up against the competition. This is why they ...
The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...