James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Typically seen after a big move in one direction in a particular financial instrument, flags and pennants represent brief consolidations or pauses in the market before a resumption of the trend in ...
Tech titan Amazon.com Inc (NASDAQ: AMZN) closed just under $230 on Tuesday evening, extending an 8% gain since the first week of August. The broader uptrend since April remains firmly intact, with ...
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 ...
ETFs have found their way into countless portfolios as the growing industry continues to spawn exciting and innovative products that encourage the democratization of the investment process. Thanks to ...
Shares are forming into what technical traders call a pennant pattern and could see a breakout within the next month or so. The stock is trading above both the 50-day moving average (green) and the ...