Technical traders have long searched for distinctive shapes in stock-price charts in order to predict returns. As artificial intelligence systems become better and better at recognizing visual ...
Chart expert Gianni Di Poce wants traders to be able to identify and understand chart patterns for many reasons. One that he highlighted during Benzinga's recent Stocks & Options 101 Boot Camp: "there ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The U-turn the stock market took following Russia’s invasion of Ukraine, which flipped a sharp selloff into a broad rally, has produced multiple bullish reversal patterns that suggest the worst of the ...
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
I'm a big fan of chart patterns. Not only do I find them fascinating and visually appealing, but they can also be quite profitable as well. One of my favorite and most reliable chart patterns is the ...