Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Technical analysis is a valuable tool sophisticated investors use to research, analyze and evaluate stocks and other securities. Technical analysis is very different from fundamental analysis.
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
2020 has been a banner year for the markets, with a number of high profile, high flying IPOs despite the global pandemic. And among those newly public names, Palantir (NYSE:PLTR) is the poster child ...
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 stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Tesla Inc.’s stock has sliced through the bottom of a “triangle” consolidation chart pattern, and investors are worried about further weakness. But with the electric vehicle giant’s stock TSLA already ...