Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Now that you’ve got a grasp on how to build a strong portfolio with asset allocation and diversification, let’s explore a different approach some investors use to time the market: technical analysis.
XRP trades at $2.64, approaching the apex of a long-standing triangle formation. Momentum and outflow data suggest tightening supply and growing accumulation. A breakout above $2.73 could target $3.00 ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
Natural gas trades around $3.10, holding key support amid a multi-month symmetrical triangle pattern. RSI and EMAs suggest weak momentum, while strong EU storage and soft Asian demand weigh on the ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...