All Entries Tagged With: "chart patterns"
Eyeing Range Expansion in ACL
The ascending triangle pattern is commonly found within uptrending stocks, so in a bull market like we’ve been in since March, you can spot quite a few of them.
Pattern Failures Are Worth Noting
While the bulk of my trading revolves around chart patterns, and most notably the confirmation of them, failed patterns are certainly worth identifying.
4 Cup & Handle Patterns to Watch
One of the most easily identifiable chart patterns is also one of the rarest - the cup and handle pattern. In this post, I want to show you a few which are developing right now.
CVX Bull Flag Offers Potential
My nightly routine includes locating setups for tomorrow’s trading session, but I don’t want to stop there. Taking it one step further, I want to be aware of any other stocks which may be gearing up for moves in the days ahead - radar stocks, if you will.
Reversal Characteristics & Candidates
Stocks can reverse suddenly or slowly. Sometimes it takes place in one big bar, and other times it’s a process that occurs over time.
Because there are differences in how downside reversals can happen, after running across a couple of reversal candidates in the charts, I wanted to share a couple here on the blog.
Uptrends will [...]
Profiting from Market Changes
It’s a strong tape - there is no doubt about that. When the NAZ has rallied for the previous 8 consecutive weeks (and currently gunning for 9) and the DJIA has tacked on 30% during the same stretch, you’re looking at quite a rally.
But during the course of that run, the pullbacks have been both [...]
