Both of these popular stock chart patterns mean the same things to technical ... The cup portion happens when a strong uptrend is followed by a prolonged correction where the price falls over ...
A chart pattern manifests when the price of an asset ... A continuation pattern occurs during an uptrend. The price rises, forms a cup and handle, and then continues to rise.
the pair may start the next leg of the uptrend toward $450. The pair has formed a symmetrical triangle on the 4-hour chart, which usually acts as a continuation pattern. The flattish moving ...
Rounding Bottom is a reversal chart pattern. This pattern is an indication of the end of the downtrend and the potential beginning of an uptrend. Price and volume are considered key indicators for ...
These attempts will not succeed without moving towards the support levels of 153.90 and 152.00, which are the most prominent on the daily chart. Conversely, and over the same time period ...