Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Continuation patterns are a type of chart pattern that forms during a temporary pause in an existing market trend before it resumes. These patterns suggest that the forex market is taking a breather ...
The stock market rarely moves in a straight line. Periods of strong, directional trend are invariably followed by moments of rest, consolidation, and quiet deliberation. For the keen-eyed technical ...
Lately, we've been looking at the S&P 500 from a daily perspective; making note of the basing price action taking on the shape of a continuation-style inverse head-and-shoulders pattern. The ...
Many people assume technical analysis is only for traders, but can technical analysis provide long-term investors an edge for outperformance? I am a long-term investor. With that said, I have always ...
Imagine identifying a stock that has launched upward with incredible force, pausing only briefly before shooting even higher. These moments of mid trend acceleration are where some of the market’s ...