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 ...
Every Bitcoin bear market has been triggered by a bearish reversal pattern, though not every bearish reversal pattern triggers a Bitcoin bear market. A (potentially) emerging bearish reversal pattern ...
An insignificant day today for the price of natural gas as it peaked above Monday’s high briefly before finding resistance at 2.84. Consider it a rest day before attempting to proceed higher as it ...
Jets ETF and American Airlines' stock gap lower at the open, hit fresh lows, then rallied above the previous day's highs Airline stocks pulled a sharp intraday U-turn to trade broadly in the green, ...
SUI, the native token of the Layer-1 blockchain Sui, dropped 2.5% to $1.98 on Thursday, slipping below the $2.00 level that had acted as a key psychological and technical support. The move came amid ...
The rally to new highs, followed by a sharp intraday reversal to close lower, could have some chart watchers believing a top has been hit A "bearish engulfing" pattern popped up in Opendoor's stock ...
THE TAKEAWAY: The US Dollar has taken out major trend-defining resistance while the S&P is nearing confirmation of a major bearish reversal chart formation. S&P 500 – Prices broke lower as expected ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...