NYSE:PLTR Weekly Chart Double Top Pierce, to break through this, wait for bullish consolidation. A "Double Top" in technical analysis refers to a chart pattern that occurs when a security's price forms two consecutive peaks at a similar level, separated by a trough. It typically signifies a potential trend reversal from an uptrend to a downtrend. In the case of...
NASDAQ:COIN Weekly Chart Double Top Pierce, A "double top with a pierce" is a bearish reversal pattern commonly observed in technical analysis, particularly in stock charts. It typically indicates a potential trend reversal from bullish to bearish. - **Formation**: The pattern consists of two peaks (high points) that are approximately equal in height, separated...
NYSE:BABA Inverse Head & Shoulders inverse head and shoulders" pattern is a bullish reversal pattern commonly observed in financial markets, particularly in stock charts. It typically indicates a reversal of a downtrend and the beginning of a potential uptrend. Here's a description of the inverse head and shoulders pattern: - **Formation**: The pattern...
NASDAQ:MSTR Momentum Indicator had a buy signal on 2/8/24 A momentum indicator is a technical analysis tool used to measure the rate at which the price of a security is changing. It compares the current price of an asset to its historical prices over a specific period to determine the strength or weakness of the trend. Momentum indicators are typically...
NASDAQ:TSLA Tesla Down Cycle + Bear Flag: Our cycle work suggests we are still in a down cycle, and we have identified a bear flag pattern. We will wait for a buy alert before entering a position. A "bear flag" is a technical analysis pattern that can occur in financial markets, particularly in stocks. It is considered a continuation pattern, indicating that...
NASDAQ:HOOD Up On The Back Of $Bitcoin Breaking Out Should investors play the #Bitcoin bounce with proxies like NASDAQ:COIN and NASDAQ:HOOD , or buy into the currency itself?
A momentum indicator is a technical analysis tool used to measure the rate at which the price of a security is changing. It compares the current price of an asset to its price at a previous point in time, typically over a specified period. This comparison helps traders and investors gauge the strength and direction of price movements. Momentum indicators are often...
NASDAQ:AMZN Momentum Indicator, strong uptrend conditions. A momentum indicator is a technical analysis tool used to measure the rate at which the price of a security is changing. It compares the current price of an asset to its price at a previous point in time, typically over a specified period. This comparison helps traders and investors gauge the strength and...
AMEX:SPY All Time Closing High Proprietary AlgoTradeAlert Momentum Indicator For Daily Chart, A momentum indicator is a technical analysis tool used to measure the speed or strength of price movements in a financial market. It helps traders identify the strength of a trend by comparing current prices to historical prices over a specific time period. Momentum...
AMEX:SPY Proprietary AlgoTradeAlert Momentum Indicator For Daily Chart, A momentum indicator is a technical analysis tool used to measure the speed or strength of price movements in a financial market. It helps traders identify the strength of a trend by comparing current prices to historical prices over a specific time period. Momentum indicators are often...
The AMEX:SPY Momentum Algorithm Indicator for TradingView: Today's 30-minute chart indicates buying on green and selling on red, with small dots representing support levels. Depending on your trading style, you can use these levels for stops or wait for the algorithm to generate the next signal.
AMEX:SPY Our proprietary Momentum Indicator is tailored for the S&P500, and our Dynamic Support small dots have been an area to watch. If it closes below, it may signal the end of the uptrend that started on November 3, 2023.
If this pattern fails, best moves come from failed moves. The technical analysis for AMEX:IWM (Russell 2000 ETF) on the weekly chart indicates the formation of a bear flag pattern. In technical analysis, a bear flag pattern typically appears as a downward-sloping channel or rectangle on a price chart. It forms after a significant downward price movement,...
NASDAQ:TSLA Double Bottom Day Trade The technical analysis reveals the presence of a double bottom pattern in the market. This pattern suggests a potential trend reversal, indicating that after a downtrend, the security or asset has reached a low price twice with a moderate increase in price in between. Traders often consider the double bottom as a bullish...
NYSE:JPM Bear Flag at All Time High. A bear flag is a technical analysis pattern that typically occurs after a significant downward price movement. It is identified by a rectangular-shaped consolidation, resembling a flag, that slopes against the prevailing trend. The flagpole represents the initial sharp decline, followed by a period of consolidation forming the...
TVC:DXY (U.S. Dollar) Up, AMEX:SPY (S&P 500) Down: This relationship seems to be on track again. The parallel uptrend continues for the DXY, with the DXY making a bullish move today. A break above 103.57 and a close here with bullish consolidation may indicate bearish sentiment for stocks.
AMEX:SPY Bull Flag on the 30-Minute Chart: Wait for a breakout to go long. If this bull flag fails, the best moves often come from failed moves. The entire upward move since January 17, 2024, may experience a retracement
NYSE:BABA Alibaba Parallel Down Trend continues, below the 50 day moving average. BABA needs to consolidate and break the down trend before it is safe to inter a long position.