Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

According to the century-old Dow Theory, the trend in the price movement persists until a reversal occurs. Since those tops and bottoms mark a maximal point of success between the trends, it is easy ...

In this lesson, we dive into the head and shoulders chart pattern: a powerful tool widely recognised for its ability to signal potential trend reversals in financial markets. It typically indicates a ...

A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...

In lesson 3, we looked at the head and shoulders chart pattern. In this lesson, we’re flipping that (literally) to focus on the inverse head and shoulders pattern. While it's also used to help spot ...

Classic head-and-shoulder patterns are often used to spot breakdowns, before a stock price drops. Learning how to find and trade “inverse” head and shoulder breakouts can be an effective strategy for ...

SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. I might be over thinking the situation here, but I have reason to believe the head-and-shoulders pattern that ...

Netflix Inc NFLX shares are trading lower Thursday after JPMorgan maintains an Overweight rating on the stock and lowered the price target to $725. Netflix has just fallen below support in what ...

Chainlink price movements have been shaped by both macro-level market trends and strategic partnerships, signalling that the ...

The slump in India’s 50-member Nifty index on Tuesday sent the markets below a key support level, activating a chart formation that could trigger more losses. The benchmark dropped 1.5% to 21,238.80, ...