Reading patterns in stocks can give you an edge in the market. By understanding the formations and how they are likely to play out, you can make more informed investment decisions. There are three main types of patterns that you should be aware of: continuation, reversal, and breakout. A continuation pattern is one that suggests […]
Why Do All Crypto Charts Look The Same
Cryptocurrencies are a hot topic right now, and for good reason – their value is soaring. If you’re not already invested in them, you may be wondering why all the crypto charts look the same. In this article, we’ll explore the reasons for this and give you a brief overview of what cryptocurrencies are and […]
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24 Min
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What Does A Triple Top Mean In Stocks
The triple top is a technical analysis pattern that is used to predict a reversal in a stock’s price trend. This pattern is formed when the stock price reaches a new high three times, but fails to break above the previous high each time. Once the stock falls below the support level of the first […]
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14 Min
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What Is A Bullish Pattern In Stocks
What is a bullish pattern in stocks? A bullish pattern in stocks is a formation on a chart that suggests the stock is likely to move higher. There are many different bullish patterns, but some of the most common include the following: -The cup and handle formation -The double bottom -The head and shoulders formation […]
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18 Min
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What Is A Double Top In Stocks
A double top is a chart pattern that is used to identify a potential reversal in a stock’s price trend. The pattern is formed when the price of a stock reaches two consecutive highs and then falls below the lowest of the two highs. The double top is considered a fairly reliable reversal pattern, especially […]
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16 Min
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What Does Head And Shoulders Mean In Stocks
The head and shoulders pattern is a popular technical analysis formation that investors and traders use to spot reversals in stock prices. The pattern is formed when the price of a security moves above a prior high and then falls below that high, resulting in three successive peaks (the head and two shoulders). The pattern […]
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14 Min
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What Does Sweep Mean In Stocks
So you’ve been watching the stock market and you see a word you don’t understand. What does sweep mean in stocks? Sweep is a term used when a company buys back its own shares on the open market. This decreases the number of shares available on the market, which can increase the stock price. When […]
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11 Min
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