Both of these popular stock chart patterns mean the same things to technical analysts. Flags and pennants can be bullish or bearish. Flag patterns begin with a sharp vertical move either up or down.
The mid-level RSI supports the price and is trading above the 50-day SMA, indicating bullish pressure. However, the broader-term pattern suggests ... He employs his technical background to ...
We’ll cover both bullish and bearish ... candlestick patterns are valuable for quickly identifying potential trends, it’s essential to use them in conjunction with other technical analysis ...
With the S&P 500 moving higher last week amid a heavily shorted market, keep an eye on these next target levels ...
Hedera (HBAR) shows potential for a 22% rally towards its all-time high, but bearish sentiment and significant outflows might ...
Bull flags are typically bullish continuation patterns, resolving when ... s broader rising wedge pattern. In technical analysis, rising wedges are bearish reversal patterns that form when the ...
Ethereum's price struggles with increasing selling pressure and rising exchange inflows, potentially leading to further ...