The Diamond Bottom stock chart pattern, on the other hand, indicates the potential beginning of an upward market movement and the reversal of the bearish trend. You can spot it when the price trend starts widening and then narrows. To identify the Diamond Bottom pattern, you should go through...
Thecup and handleis a bullish continuation pattern where an upward trend has paused but will continue when the pattern is confirmed. The "cup" portion of the pattern should be a "U" shape that resembles the rounding of a bowl rather than a "V" shape with equal highs on both sides of ...
This type of stock chart pattern is confirmed, when the stock price crosses the lowest (highest) point in the pattern. The more time it takes for the second (third) top or bottom to form, the more reliable pattern you have. It is not unusual that it takes even few months for this ...
Chart Patterns are graphical representations of historical stock prices which help to determine current supply and demand forces in a stock. Chart pattern analysis allows a trader to determine with more accuracy just what the current supply and demand is in a stock. Chart patterns are graphical rep...
Profitable Pattern Number Two Ascending and Descending Triangles: The Traditional Bull and Bear When you notice a stock has a series of increasing troughs and the price is unable to break through a price barrier, chances are you are witnessing the birth of anascending triangle pattern. Ascending...
WILL YOU RECOGNIZE THE NEXT PATTERN? IF SO, WILL YOU KNOW HOW TO TRADE IT? l When to buy and when to sell could very well be the question of all questions when it comes to trading or investing in stocks, futures and options. The answer though, could very well be found in technical...
“buttonhook” consolidation pattern, giving subscribers a second buy point, and yet another measured move buy point a little above $137. This chart shows a 19 percent total gain—all of this while IBD had not even given the stock a buy point and was telling subscribers that a “new ...
The trend can last for months after a pattern is identified and the only indicator from the pattern is its direction but not the timing or value. This paper attempts to forecast the value of the stock or index from different sectors in Hong Kong Stock after a chart pattern is spotted. An...
Savvy investors not only know how to spot the most profitable chart patterns that launch big price runs, but they're also keenly aware of the psychology behind them. That's helpful in understanding how and why virtually all major stock moves begin after a new chart pattern forms....
When you're looking for the best stocks to buy, double-bottom bases can point to the beginning of serious share-price gains. The double-bottom chart pattern is one of the most powerful and profitable bases out there. Here's how the double bottom can make