Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...
Tesla Inc. (NASDAQ:TSLA) gapped down to start the trading day on Monday after three bearish days between Wednesday and Friday dropped the stock down almost 13%. After the market opened, the Austin, ...
Bitcoin is attempting to recover after a sharp decline, but its rebound remains limited as the crypto king approaches a critical resistance zone. Despite climbing over the past 24 hours and regaining ...
Gold is still in a long term downtrend. The Japanese Yen is also still in a long term downtrend. However, it appears that the risk-on/risk-off balance has shifted in January of 2016. I recently ...
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