IBB has pulled back sharply while the broader market continues to rally, despite that the fundamentals of the biotech sector still look strong. Recent sell-offs in biotech may have created buying ...
It is often said that chart analysis is both an art and a science. One component of technical analysis includes the study of patterns, which is simply identifying the formations that markets etch on ...
A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Double-bottom base structures take on a shape like a letter W and have ...
The USD/CAD currency pair has triggered the technical double bottom chart pattern - as highlighted on the attached daily time-frame candle chart. A price projection has this pattern reaching the ...
Altimmune Inc. (NASDAQ:ALT) shares traded higher after the company announced data from its ALT-801 Phase 1 Trial in overweight and obese volunteers. The company announced that weight loss of 5.4% was ...
XRP’s price swung higher on Wednesday as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines. The Ripple blockchain’s native ...
Ripple's XRP token could hit $1 in the coming days, according to a classic technical chart setup. Dubbed a "double bottom," the trend reversal indicator appears after the price bottoms out at a level, ...
Are you looking to enhance your trading skills and maximize your profits in the stock or forex market? Understanding and effectively utilizing trading patterns can be a game-changer in your journey to ...