This model shows the recovery is unlikely to be rapid. Here's how that could play out -- and what that means for investors... Read More

This model shows the recovery is unlikely to be rapid. Here's how that could play out -- and what that means for investors... Read More

This is a powerful indicator to determine not only when to get out, but also when to get back in... Read More

This is a powerful indicator to determine not only when to get out, but also when to get back in... Read More

Marijuana stocks are breaking out, right on schedule. Here’s how you can profit... Read More

Marijuana stocks are breaking out, right on schedule. Here’s how you can profit... Read More

Triangles are chart patterns that are associated with periods of price consolidation. A triangle is usually a continuation pattern, and the market or stock that forms a triangle will usually continue trending after the brief consolidation is completed. Chart patterns are named to describe the picture they form on a… Read More

Candlestick charts were first used by rice traders in Japanese futures markets in the 1700s. They were introduced to traders outside of Japan in 1991, when “Japanese Candlestick Charting Techniques” was published by Steve Nison. This charting technique immediately gained widespread acceptance among traders. Candlestick charts are available on many… Read More

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. In a rectangle pattern, prices move between support and resistance for some time. This is a consolidation pattern, and… Read More

The head-and-shoulders pattern is sometimes seen on price charts ahead of a downside reversal. It occurs after an uptrend and consists of three peaks in price, with the center peak being higher than the other two. The two “side” peaks should be about equal in height.  The three peaks give… Read More

The head-and-shoulders pattern is sometimes seen on price charts ahead of a downside reversal. It occurs after an uptrend and consists of three peaks in price, with the center peak being higher than the other two. The two “side” peaks should be about equal in height.  The three peaks give… Read More

The head-and-shoulders (H&S) top is one of the best-known patterns in technical analysis. This pattern was first written about in 1930 by a financial editor at Forbes magazine that described how the H&S forms and how it can be traded. Many readers are familiar with the H&S pattern. On a… Read More

Dojis are single candlesticks where the open and close are the same or very close together. This price action makes the body of the candle look like a horizontal line. The length of the wicks will vary, and that can offer a clue as to whether a doji pattern is… Read More

You can’t trust summertime trading. But in just a few short weeks, you could be back on track and booking consistent gains.   Right now, the market is trying to fool you. It lures you into buying with every thrust higher, only to… Read More