Investors and stock traders have one thing in common. They are ruled by emotion. Emotion makes investors and stock traders lose more money than any other thing. Investors and traders try and control their emotion but usually give in at the worst point.…
Shares of Bristol-Myers Squibb (BMY) have surged 50% in the last 5 months. In addition, the stock is slamming into a major double top on the daily stock chart from last 2018. This is a technical resistance level on an extending chart.…
Investors always like the small cap stock opportunity. There is something about investing in a company in the very beginning when most people are ignoring it. More importantly, there is something special about investing in a stock and watching it jump 50%, 100% or even 500%.…
Shares of Amazon.com (AMZN) are at a major technical breakdown point on the stock chart. Any daily close below $1,730 will trigger a major sell in the stock to a potential low pivot of $1,350. Investors need to be very careful as a fall like this in Amazon.com could likely trigger a broader stock market hard sell.…
Smart investors and traders are always looking to expand their knowledge because they know it increases profits. In today’s lesson we will teach stock market traders and investors how to spot a topping and bottoming tail. There is strict criteria that must be seen to solidify if it is truly a topping or bottoming tail.…
Shares of artificial intelligence company Veritone Inc (VERI) are seeing bullish price action on the daily stock chart. In addition, there has been insider buying over the last 6 months that warrants attention. The stock has inched above the 50 and 20 moving averages with significant accumulation.…
Technical analysis is extremely important to investors looking to maximize profit. It can be used to pinpoint exact tops, bottoms, pivots, flags and cycles. In today’s lesson, I will go over the keys to recognizing an engulfing candle and its importance to nailing major tops and bottoms.…
Shares of Costco Wholesale (COST) are signaling a sharp fall coming within the next few weeks. After being unable to take out the high pivot from September 2019 on multiple occasions, Costco has fallen below the daily 20 and 50 moving averages.…
Shares of Uber Technologies (UBER) are nearing a major stock chart breakout. The company is trading just off the all-time lows but has put in a major bullish consolidation flag pattern. In addition, there is a down-sloping trend line of importance.…
Investors who educate themselves, make more money. Those are the facts. My pleasure is helping those interested in learning, do so. In this article, I will explain a technical chart gap fill. Understanding gap fills will allow investors and trades to understand why stocks pull back off that level or bounce off that level.…
