A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...
Imagine identifying a stock that has launched upward with incredible force, pausing only briefly before shooting even higher. These moments of mid trend acceleration are where some of the market’s ...
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 ...
Life is full of patterns, and those who recognize them will quickly find themselves ahead of the pack—especially when it comes to a pattern trading strategy for securities. As the name implies, a ...
MicroStrategy’s bull flag was formed between May 12 and Thursday. MicroStrategy has resistance above at $252.01 and $347.50 and support below at $209.11 and $176.56. Feel unsure about the market’s ...