Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

AppLovin's valuation is extremely stretched, with a 3,400% stock price surge since early 2023 only mildly supported by projected sales growth. Technical momentum indicators and chart pattern analysis ...

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 used in technical ...

Recognizing the emergence of a Head & Shoulders pattern in a price chart can assist investors in their trading decisions. This is a type of Technical Analysis. Investors may use a Head & Shoulders ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

Mastering the diamond pattern can provide technical forex traders with a significant advantage in predicting currency market reversals and breakouts. This technical analysis formation is characterized ...

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 ...

Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...