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 ...
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 ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals ...
When we hear about consumer discretionary, we typically think of the biggest names — Amazon and Tesla , which of course dominate the State Street Cons Disc Sel Sect SPDR Income ETF (XLY) and account ...
Mega-cap Alphabet (GOOGL) is one of the top performers in the S & P 500 Monday, hitting a new all-time high as the rest of the market struggles. This strength is meaningful on the chart because it ...