Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

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 ...

The head and shoulders pattern is a chart formation that many investors use to recognize stock trend reversals. In fact, it’s considered one of the most reliable indicators available to investors ...

Identifying an object by its shape or properties. For example, stock forecasting identifies trends by recognizing historical patterns. Although pattern recognition has been around for decades, it is ...