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 ...
The Upside Tasuki Gap is a powerful candlestick pattern indicating an uptrend continuation. Get insights into its formation, ...
Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term. Ether’s chart shows a “Power of 3” setup, with a price target ...
Nvidia Corporation faces significant operating risks from cyclical semiconductor demand, potential Trump tariffs, and future competition, particularly from Alphabet's new Willow quantum chip with AI ...
Veteran trader Peter Brandt has noted that Bitcoin is forming a “three blind mice” pattern, with some interpreting the message to mean that the asset may tumble lower in the coming days. In an Oct. 2 ...
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
The stock market, as measured by the S&P 500 index SPX, has broken out strongly to the upside, trading at new intraday and closing highs. The breakout came on Jan. 19, over the 4,800 level. That now ...
A bear trap is a technical term for a particular trading pattern in the stock market. Essentially, it’s a relatively sudden movement in a stock or in the broad market that lures in investors who ...