Amazon may be forming a bull flag pattern on the daily chart within its current uptrend. Bears want to see the stock break down under the eight-day EMA to negate the flag formation. Get access to the ...
Flags are among the most-referred patterns in technical analysis that can provide clues to the price trend and potential next move. In technical analysis, a flag pattern indicates short-term price ...
One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...
Although Uber Technologies (NYSE:UBER) dominates the ride-sharing sector — and ranks among the top players overall in the sharing economy — success usually comes at a price. At some point, the market ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. A no frills, stone faced, old- school money manager recently asked me why I put so much faith into candle charts.
XLM has invalidated its bull flag breakout, with key support at $0.39 under threat. Three indicators confirm sellers are in control, putting a deeper correction on the table. However, if broader ...
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