Types of Channels Horizontal Ascending Descending They don’t have to be symmetrical You want to enter when the stock breaks the channel marker (either up or down) You want to wait for volume confirmation The longer the stock stays in a channel, the healthier it is #stockmarket #chartpattern #technicalanalysis #stockchannels #marketchannels Posted at: https://tradersfly.com/blog/stock-market-chart-patterns-channels/ ?
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What a difference a month has made for Diamondback Energy (NASDAQ:FANG) stock. The company had been among the best-performing and best-run shale drillers. But now it is in serious financial trouble: driven massive returns since its 2012 initial public offering, it has since touched an all-time low on Wednesday. Source: Shutterstock The problem for FANG stock,
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[Editor’s note: “5 Chinese Stocks to Buy When Coronavirus Fears Fade” is regularly updated to include the most relevant information available.] Coronavirus fears are roiling global financial markets everywhere. Over the past few trading days, stocks of all shapes, sizes, and industries have fallen off a cliff as the World Health Organization has finally declared
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Mostly just Macy’s workers pace the main floor, around the beauty department, on March 17. Source: Lauren Thomas, CNBC Thursday’s spike in weekly jobless claims signals just the start of a crush of layoffs that could more than double the unemployment rate. Unemployment claims filed with the states last week jumped to 281,000 from 211,000 the
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.INX: Beware of Today’s Quadruple Witching .INX – Today’s featured article reveals why investors should Beware of Today’s Quadruple Witching. It covers the S&P 500, SPY, and CME, to name a few. Read on for all these important details. Get Free Updates Today is the quarterly event known as quadruple witching in which 1) S&P
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Airlines continue to take a beating and United Airlines (NASDAQ:UAL) is no exception. The total return year to date through March 18 for UAL stock is 75.7%, 32% worse than its airline peers.  Source: travelview / Shutterstock.com I can remember when airline stocks were the hottest thing since sliced bread. Warren Buffett was viewed as
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[Editor’s Note: This article is regularly updated to include the most relevant information available.] For new investors, looking at companies like Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and even fast-casual restaurant Chipotle (NYSE:CMG) can be disconcerting. These well-respected names come with massive price tags. Although these stocks have long histories of solid returns and great growth potential
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COST: 4 “Essential” Stocks for the Times COST – Those selling essential products are essential stocks at this time. That’s why investors should learn more about the merits of COST, CLX, KMB & PG at this time. Get Free Updates My state of Illinois is initiating “Shelter in Place” rules today. The basic idea is
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